@Anonymous wrote:
Hi. I have a judgement for an old credit card for $900, the judgement is from 2010. Does anyone have any advice about settling it? I don't have the $900 to pay it off, but could come up with a limp sum of less. Is this something that can be done? Thanks in advance for any advice.
At this point, if they have not pursued you for it, I would leave it be. They can likely tack a bunch of interest to it (depending on your state laws) which after 6 year has probably doubled it. The CRA's will generally exclude it at 7 years. You may want to investigate you states laws regarding the collection of judgements. Find out if its still enforceable of not. most states have a 10 year enfocement period before it must be renewed, but some have as little as five years. I would not contact the creditor, just the court - find out if its still enforceable or if it has expired.
