Wednesday, August 5, 2009

A creditor offered me a settlement after a 3rd party collection agency won a judgement for high amou

A collection agency won a settlement against me for $3000 plus costs. They are proceeding with garnishment now. However, I contacted the original credit card company and they offered me a settlement of $600. They are faxing me the settlement. Can I accept this settlement after the judgement, and stop the garnishment?



A creditor offered me a settlement after a 3rd party collection agency won a judgement for high amount. Can I?inflation rate





depends on who is on the judgement.



who is listed on the judgement can collect.



make sure that your settlement states that they will release the judgement against you.



MAKE SURE THE CREDITOR APPEARS ON THE JUDGEMENT



A creditor offered me a settlement after a 3rd party collection agency won a judgement for high amount. Can I?

loan



The 3rd party is the one who has the judgement, so the likelyhood is that the garnishment will not stop unless they agree to stop it. I would call the credit card company and specifically ask if you pay the $600 will it stop all collection efforts of the collection company and stop them from garnishing you. If they say they don%26#039;t know or maybe then don%26#039;t pay it because that is another $600 you surely cannot afford.|||nope, your going with the 3000 with collections.



Why is the original cc even in this? They do not OWN the account anymore they sold it.....



YOu accept that and your giving 600 bucks for nothing.

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