@Anonymous wrote:
I recently have been attempting to fix my credit. I had 2 judgements one I had vacated and the other is willing to settle for 2000 on a 6000 judgement. My question is the one that is willing to settle is no longer showing on my credit report. Should I pay them a lump sum or payments after payment they will vacate judgement.My hands are tied because I had thought i had settled it several years ago and sign some documentation now I owe the balance or else they might be able to enforce full judgement.
Since it is a judgment they can get their money via a garnishment regardless of whether it is showing on your credit report. Since it is not showing on the report (I am assuming the time has passed) then I would do the payment plan if it is easier on your budget. If you have the monies to do the lump sum and it won't cause you financial hardships then I would say go that route just for the piece of mind of knowing you don't have the debt anymore.
Starting Scores (7/26/2010): EQ 517; TU 508; EX 527 (lender)
Scores Along the Way (11/4/2010): EQ 542; TU 547; (11/8/2010) EX Plus 641
Scores Along the Way: (4/15/2011): EQ 516; TU 622; EX 585 (lender)
Scores Along the Way: (8/25/2011): EQ 617; TU 627; EX 625 (lender)
Scores Along the Way: (11/28/2011): EQ 617; TU 645; EX 667 (lender)
Current Scores: (8/9/2013): EQ 634; TU 662; EX 694 (lender)
Closed on a Home: 12/30/2011 Goal Scores (8/25/2014): 700 club
