Crash Posted September 15, 2008 Report Share Posted September 15, 2008 Hi folks, I wish I had found this forum a long time ago. I have a credit card debt of $2300 which has been taken on by a local law firm. I already signed the ""Consent for judgement" form acknowledging that it is my debt. I had full intentions of making monthly payments, and in fact mailed my first payment in. They said they never got it, so I said screw it and neverdid anything until a sheriff shows up for the second time, this time saying in 20 days he will start confiscating property to sell to pay off the debt, which now is $2900 with their lawyer fees tacked on. This was this past Sat. Today I called the law firm and, since I cashed in on an old 401K, offered them $1800 to settle. They wouldn't take it. They said they want the whole amount. My question is: Is it too late to find out if the debt is past the satute of limitations, and say I ain't paying nothing, if it is? or am I screwed? I actually do believe my last payment to this credit company was more than 4 years ago, which covers the 3yrs+ 6 months SOL in NC. TIA Link to comment Share on other sites More sharing options...
nascar Posted September 15, 2008 Report Share Posted September 15, 2008 am I screwed? ...yes. Sorry. Link to comment Share on other sites More sharing options...
Crash Posted September 15, 2008 Author Report Share Posted September 15, 2008 What should I negotiate for when I pay? Link to comment Share on other sites More sharing options...
nascar Posted September 15, 2008 Report Share Posted September 15, 2008 You need to get down to the clerks office and file your exemptions. Link to comment Share on other sites More sharing options...
Crash Posted September 15, 2008 Author Report Share Posted September 15, 2008 Thanks for that advice. The guy from the attorneys office said "all legal actions will be halted as long as payments are made on time.". I offered to pay $1800 up front and the rest by monthly payments. Besides asking for this agreement in writing is there anything else I should ask for/demand. This is my first time through this ordeal, I am playing catchup at the present time and trying to learn by reading posts in this forum. Thanks for your help.Also, what if I put everything in the exemptions. Isn't it a great way for them to find out what they can sell? Link to comment Share on other sites More sharing options...
nascar Posted September 15, 2008 Report Share Posted September 15, 2008 Also, what if I put everything in the exemptions. Isn't it a great way for them to find out what they can sell?Your legally exempt items are the things that can't be sold. Link to comment Share on other sites More sharing options...
Ahntara Posted September 16, 2008 Report Share Posted September 16, 2008 "...anything else I should ask for/demand..."Request an Order to Vacate Judgment after it's paid in full, not just a Satisfaction of Judgment. Make legal resolution to this issue part of your bargaining process. Link to comment Share on other sites More sharing options...
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