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About TenBucksBroke

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    Oklahoma City, Oklahoma
  1. Send them a bill "net 30 days" and then start charging interest. You could let it go for up to 5 years or more and collect 30k when it's all said and done. It's better than putting it in the bank if the company is big enough and you keep "renewing" the judgment. you'll have to check your state rules, but I've seen a 500 debt become 13k due to interest.
  2. "Dude", you're still talking in circles. Allowing a judgement to be enforceable does NOT mean it is report-able to bureaus. There is a distinction between the two. You can argue until you're blue in the face, but you're confusing two different things and posting misinformation.
  3. Haha! No, they do not. Please cite your source. Again, you're confusing enforceable with reported. They're only reported for 7 years. If you can find where they are reported to credit agencies longer than 7 years, please cite the source. I have never found them reported longer than 7 years in Florida. Ever.
  4. Well there you go. After 7 it'll fall off. So if you go looking after 7 years it won't show up, except to a mortgage company because they do better due diligence and check the courthouse to see if you have any judgements. EDIT because you beat me to the post Public records are NOT reported to the credit bureaus unless some company reports them. They're not the same thing and no one at the courthouse will bother to add anything to your credit report. Florida follows federal law and allows reporting of judgements for 7 years.
  5. Clydesmom, public records are a separate thing from the credit bureaus. They don't report judgements longer than 7 years. If you think different, please point out where this is happening. I have never seen a judgement posted longer than 7 years. For my part, here's a Bankrate statement saying it's 7 years on credit reports. https://www.bankrate.com/finance/credit/judgment-disappear-from-credit.aspx
  6. The judgement can follow you indefinitely, however the reporting to the credit agencies falls off in 7 years. They can still hound you for the money, but if it's not on the report few companies care, with the exception of mortgage companies. They'll usually require you to satisfy any judgements before you buy a house. To the OP, if you wait until they go to court to sell the condo then they could take any profit you make from the sale as payment for your debt too. Sell it quick to make sure this doesn't happen.
  7. It only stays on your credit for 7-10 years so ch7 isn't necessary unless you plan to have things change radically in the next 7 years.
  8. Generally they can put a lean on any second homes you have. They won't get their money until you sell. Retirement accounts are often protected or too much trouble for agencies go to after. Rollover IRA accounts (if you rolled it over from a 401k employer plan) ARE protected. The way it goes is this: They send you late notices for a few months. Then they file sell your account to a junk debt buyer. Then they send you notices for a few months. This goes on for anywhere from 6 months to 2 years, then they take you to court. If you show up and ask for proof as to how they think you owe the de
  9. Congrats! It sounds like you just got lucky and maybe portfolio didn't have the required proof. So they take the loss on that one! Good luck with the next two and keep us posted! You sure "knocked 'em out"!
  10. I'll look for that service certificate. I don't make wages so garnishment never came up. I'm sure it's me that they're naming because of the details in the case, but it doesnt say online who the creditor was originally. I have some lawyers that showed up in the naca.net search but theyre not exactly superstars when I look up their cases on the website. Looks like they lose quite a few cases. I just need to get my fingers around those case files and I'll be in better shape with more answers.
  11. Thanks BV80. It has been renewed twice so far, one very recently, probably because of the mortgage issue Id guess. I don't think there's a limit on the number of renewals that they can do in Oklahoma according to the law as I read it (upside down and backwards, through pipe smoke) and the county clerk said they don't know that any limit on the renewal count is specified. I'll head down there in a few days and get the court papers and see at least what color animal I'm dealing with. Anything in particular I should keep an eye out for? I expect It'll be like reading russian so I'll have to tak
  12. Hi everyone! Like most others here I'm a stone-cold idiot when it comes to legal stuff. I'm a backwoods country boy with a bright red neck Anyway, I wasn't served 10 years ago when all this went down but I do have a judgment against me and it looks like it went through the court according to the online records. I wouldn't have known about the judgment at all except for a problem with our mortgage and during the process this tiny JDB popped up as a judgment. At this point I'm wondering if I should kick the sleeping dog. This thing apparently started as a $4000 debt but now has blossomed