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Hi,
About 4-5 years ago (I'm in WA state), I took a Amazon store card out. I didn't pay and it was ~$1300 or so.
I never answered collection calls. I got the judgement in the mail today.. so I called the attorney's in the case.
I offered to pay $800 of the amount. They countered on the phone with $910. I said okay.
I agreed to pay it on the 29th of March and I was told I would receive a settlement letter via Email soon (haven't got it yet) and this conversation and agreement was decided this morning.
My questions:
1) I shouldn't pay the amount until I have the settlement letter?
2) I don't mind paying the $910, but could I of got lower?
3) They said they take care of all the court stuff once this is paid, so I shouldn't have anything to worry about?
Garnishments won't happen etc, right? I just don't want to pay this and then my employeer pull me in about garnishments.. then I have to hire a attorney to handle getting that money back. I'm trying to avoid a further mess.
Thanks,
Tyler
Have them send you in the settlement letter via US mail. Once you receive the letter then send them a money order or cashiers check. Make sure you keep a copy of the payment and the letter for 30 years. Judgments can last decades and they may resell your debt after you have paid it.
Once you have documentation of their agreement to settle the debt for the stated amount and you make that payment, they are then obligated to notify the court within a set period that the debt is discharged. That terminates any further obligation for the debt.
To later attempt attachment of assets or garnishment of pay, they would have to go back to the judgment court and state that the debt remained unpaid. The court would then, just as with the initial trial awarding the judgment, provide notice to you, and you would have the right to attend. If you have proof of discharge, they would likely have some serious explaining to do before the judge as to why they filed an assertion of unpaid debt. They are highly unlikely to take such an action......
Check the rules of civil procedure for you state, and determine the period in your state within which the judgment creditor is required to file notice with the court of satisfaction of the debt. That is standard and required in all states, and is formal basis for recordation of discharge of the debt.
Give it a week of so after that date, and then contact the office of the clerk of the court, and verify that the notice of satisfaction has been filed. Once it is of record, the court records the satisfaction, which then permits exclusion from your credit report at 7 years from the initial date of the judgment.