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Stipulated general judgment in Oregon


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I was recently sued by a local attorney for a defaulted B of A credit card. This happened at the same time as my being laid off from my job. Before the layoff and right before I received a Summons and Complaint, I sent the lawyer a letter proposing a payment plan wherein I would pay $75.00 per month. About a week or so after the layoff, the attorney sent me a Stipulated General Judgment and Covenant Not to Execute. The gist of it is this: if I pay the $75.00 per month, they won't take further legal action.

I guess my question is, what do I do now? I'm working on a very part-time basis for my old employer (10 hours per week) and $75.00 is a lot of money to me right now, and will be every month until I'm employed full-time again. I'm also leery of signing anything called a judgment. Should I sign the paperwork? File my own answer with the court? Do nothing? I feel like I should do something, but don't know what.

Help!

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You should file an answer to the complaint. You do not want to have a judgment entered against you.

For that reason, I don't like stipulated judgments. I like an agreement where you pay whatever amount and, once paid, the complaint is dismissed with prejudice.

Good luck.

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You should file an answer to the complaint. You do not want to have a judgment entered against you.

For that reason, I don't like stipulated judgments. I like an agreement where you pay whatever amount and, once paid, the complaint is dismissed with prejudice.

Good luck.

Just for clarification, a stipulated judgment is still a judgment, right? So if I signed this paperwork, I'd be essentially agreeing to a judgment?

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