krnewell Posted January 20, 2008 Report Share Posted January 20, 2008 My husband has a judgment against him in the amount of $13,000. Original amount was for just over $5000.Last week they cleaned out our bank accounts for $3000. We need to settle with them to get this off our back. They said they wouldn't settle for less than a total of $8000.When negotiating, what else do we need to make sure we get besides just the monetary amount? I thought I read somewhere about making sure they don't file a tax form?Also, can they sell any remaining balance on the judgment?Is there anything else we need to be aware of when corresponding to the lawyers? Link to comment Share on other sites More sharing options...
TTigggers Posted January 20, 2008 Report Share Posted January 20, 2008 If they got a judgement i don't they will settle with you. Link to comment Share on other sites More sharing options...
krnewell Posted January 20, 2008 Author Report Share Posted January 20, 2008 We've already sent them letters trying to negotiate a settlement and they've replied back. They are definitely willing to settle. I just want to make sure I can everything in the settlement besides just the money... Link to comment Share on other sites More sharing options...
Moneedshelp Posted January 20, 2008 Report Share Posted January 20, 2008 The things you mentioned are what you want to include. terms of the settlement, whether or not they will have the judgment vacated (not sure if this can be done), and selling balance of the judgment. With the taxes, were you talking about the 1099?Watch out for garnishments.Good luck Link to comment Share on other sites More sharing options...
krnewell Posted January 20, 2008 Author Report Share Posted January 20, 2008 Yes, the 1099 was what I was asking about. So, they can sell the remaining balance of a judgment? How do I know if the judgment can be vacated? Link to comment Share on other sites More sharing options...
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