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12-16-2007, 01:07 AM
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#1 (permalink)
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Junior Member
Join Date: Oct 2007
Posts: 33
Casino Cash: $322213
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Judgment Negotiating
Can anyone give me some tips on negotiating a few small judgments??
1. $1800
2. $330
3. $524
4. $424
All medical All within SOL and All only reporting to Experian. Has anyone had luck negotiating with the OC or do I need to talk to the Lawyer??
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12-16-2007, 01:29 AM
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#2 (permalink)
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Administrator
Join Date: May 2006
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Are they owed to one medical provider?
Are the actual judgments or past due bills?
__________________
It is better to keep your mouth shut and appear stupid than to open it and remove all doubt. - Mark Twain
The information and materials in this document are provided for general information purposes only and are not intended to constitute legal, accounting or tax advice or opinions on any specific matters. Laws and regulations change frequently and their application can vary widely based upon the specific facts and circumstances involved. You are responsible for the applicability and accuracy of Information as it relates to your specific situation.
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12-16-2007, 08:57 AM
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#3 (permalink)
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Junior Member
Join Date: Oct 2007
Posts: 33
Casino Cash: $322213
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Yes, judgments from 2003. All different medical providers but the same lawyer represents them all. It was an operation my daughter had in 2002. We thought we were covered...long story. Im reading stories about how some people settle for like half the original amount, That would be awesome. I think the OC would work with me but Ive never actually spoken to the lawyer so Im thinking start with the OC, What do you think??
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12-16-2007, 04:29 PM
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#4 (permalink)
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Administrator
Join Date: Nov 2004
Location: Greater DC area
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There's one very important piece of information that Enigma asked that will make a big difference. Are they actual judgments, or are the collections that are threatening to sue?
If they are judgments, then they have already gone to court, and talking to the OC will not help unless the judgment is in the OC's name.
We really need to know EXACTLY what you're dealing with.
__________________
The answer is 42!!
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12-16-2007, 10:18 PM
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#5 (permalink)
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Junior Member
Join Date: Oct 2007
Posts: 33
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ok..on my truecredit under Experian it reads as such:
Legal Item
Type: Judgment
Status: Filed
Date Filed/Reported 8/28/03
How Filed Joint
Reference # 000000
Closing Date
Court My Local Court
Plaintiff: Original Creditor
Action Amount $1800
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12-17-2007, 02:14 AM
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#6 (permalink)
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Administrator
Join Date: May 2006
Posts: 2,123
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What state are you in?
Are they garnishing your wages, or threating to do so?
Was this a tax supported hospital or for profit?
__________________
It is better to keep your mouth shut and appear stupid than to open it and remove all doubt. - Mark Twain
The information and materials in this document are provided for general information purposes only and are not intended to constitute legal, accounting or tax advice or opinions on any specific matters. Laws and regulations change frequently and their application can vary widely based upon the specific facts and circumstances involved. You are responsible for the applicability and accuracy of Information as it relates to your specific situation.
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12-18-2007, 07:21 PM
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#7 (permalink)
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Junior Member
Join Date: Oct 2007
Posts: 33
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Im in CT. No I have not heard boo from anyone. Its been 4 plus years. Im told that they are waiting for me to try to buy real estate. I do not own real estate now. As far as the hospital Im not sure if its a for profit or not, I assume it is for profit. One is for the hospital one is for the anesthesiologist one is the doctor
and one is the lab.
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12-18-2007, 10:50 PM
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#8 (permalink)
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Administrator
Join Date: May 2006
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I am a little surprised no one went after any bank accounts or your wages.
That being said, do you have the funds to offer a settlement? Are you in the market for to purchase a home? If so, don't shop for a loan just yet as that will wave a very big red flag.
__________________
It is better to keep your mouth shut and appear stupid than to open it and remove all doubt. - Mark Twain
The information and materials in this document are provided for general information purposes only and are not intended to constitute legal, accounting or tax advice or opinions on any specific matters. Laws and regulations change frequently and their application can vary widely based upon the specific facts and circumstances involved. You are responsible for the applicability and accuracy of Information as it relates to your specific situation.
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12-19-2007, 05:29 PM
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#9 (permalink)
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Junior Member
Join Date: Oct 2007
Posts: 33
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yes I have the money to do it but I dont know who I should talk to....the OC or the lawyer. the lawyer might try to wack me with interest for all this time im thinking the OC might just want to settle for something
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12-19-2007, 06:54 PM
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#10 (permalink)
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Administrator
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You can always call the OC and ask if they'll take payment for it. If they say yes, ask them to pull it back from the CA.
If they say no, you have to work with the CA, then that' what you'll have to do.
__________________
The answer is 42!!
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12-19-2007, 09:58 PM
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#11 (permalink)
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Junior Member
Join Date: Oct 2007
Posts: 33
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Do you know anyone who has done this before?? And if the OC takes my offer do you know how to get a Satisfaction from the OC or will a settlement letter due to get the Satisfaction??
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12-19-2007, 10:01 PM
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#12 (permalink)
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Administrator
Join Date: May 2006
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Who are the judgment creditor's? The OC's or a collection agency, that is important. You need to know who owns the debt.
__________________
It is better to keep your mouth shut and appear stupid than to open it and remove all doubt. - Mark Twain
The information and materials in this document are provided for general information purposes only and are not intended to constitute legal, accounting or tax advice or opinions on any specific matters. Laws and regulations change frequently and their application can vary widely based upon the specific facts and circumstances involved. You are responsible for the applicability and accuracy of Information as it relates to your specific situation.
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01-01-2008, 09:37 PM
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#13 (permalink)
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Junior Member
Join Date: Oct 2007
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Got copies at the courthouse. The OC's are the listed creditors
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01-08-2008, 06:13 PM
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#14 (permalink)
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The One and Only!
Join Date: May 2006
Posts: 3,674
Casino Cash: $544632
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Quote:
Originally Posted by joedirt
Do you know anyone who has done this before?? And if the OC takes my offer do you know how to get a Satisfaction from the OC or will a settlement letter due to get the Satisfaction??
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bump for joe |
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01-08-2008, 06:58 PM
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#15 (permalink)
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Junior Member
Join Date: Oct 2007
Posts: 33
Casino Cash: $322213
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Wonder if I should call a lawyer??
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01-08-2008, 07:23 PM
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#16 (permalink)
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The One and Only!
Join Date: May 2006
Posts: 3,674
Casino Cash: $544632
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Quote:
Originally Posted by joedirt
Wonder if I should call a lawyer??
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Well an attorney will charge you to negotiate the bills for you and at the end you probably end up spending as much. I would call the Original creditor and see if they accept payment from you directly, since there is a judgment I am not sure that they will take less than face value.
On my limited experience, negotiations for less than face value are done when a company sells a debt to a junk debt buyer "they buy it for pennies" and they would probably take much less than face value as long as they are making money.
Maybe other will chime in, I personally have not heard of negotiating a lower payment post judgment. |
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01-08-2008, 09:40 PM
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#17 (permalink)
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Administrator
Join Date: May 2006
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Except for the $1800, the rest are to low to negotiate. If they have not garnished your wages or bank account, try making small monthly payments.
__________________
It is better to keep your mouth shut and appear stupid than to open it and remove all doubt. - Mark Twain
The information and materials in this document are provided for general information purposes only and are not intended to constitute legal, accounting or tax advice or opinions on any specific matters. Laws and regulations change frequently and their application can vary widely based upon the specific facts and circumstances involved. You are responsible for the applicability and accuracy of Information as it relates to your specific situation.
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01-08-2008, 09:55 PM
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#18 (permalink)
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Junior Member
Join Date: Oct 2007
Posts: 33
Casino Cash: $322213
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I can pay them in full. Im trying to avoid the interest on them. Im gonna try to call one of the OC's tomorrow, they worked with me when I had some stuff in collection and pulled it from my CR. Do you know if I pay it will it start the clock again??
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