@Meach7 wrote:
Background:
My gf and her mother were involved in an insurance suit in 2007. Her mother has decided not to pay and had a BK previous to that, so she is stuck with the debt.
The claim amount listed on the CR is 12,880. for State Natl Ins.
She has to pay the attorney 100 each month, of which they told her only about 10-15 dollars is going towards the debt. At that rate it will take several lifetimes to accomplish getting it paid off.
The County clerk instructed her to pay the attorney and not them. Is there any way that we can get more of the money going towards the debt instead of into the lawyers pockets? Or is there anything that we can do to get this paid off sooner or in a better way?
It is virtually certain that in addition to the amount of the original debt, the judgment creditor obtained judgment for attorney fees and costs. In addition, it almost every state judgment carry statutory interest -- usually at around 10% APR.
Your only hope is negotiating a settlement with the judgment creditor or simply paying more per month. At the rate you're going now it will take about 20 years to pay the judgment off.
