LinzeeBluth 0 Posted December 3, 2019 Report Share Posted December 3, 2019 Hello! First off - I promise I searched for the answer to my question prior to this post. I am trying to buy a home and in the loan application process I learned of a $4000 judgement from Velocity Investments Llc. Seems it is 2 years old. All I want to know is what is the quickest way to negotiate a settlement, pay it and have the correct documentation? Is there someone I can hire to do this? Quote Link to post Share on other sites
WhoCares1000 768 Posted December 3, 2019 Report Share Posted December 3, 2019 You can hire an attorney to do this but realize that you are probably going to pay most if not all of the judgement. They have all of the negotiating power and you really have none. As for documentation, you want a letter stating that that the judgement has been satisfied and there is usually a form that you file in court.There is a feel to file the satisfaction of judgement so you need to look into that when you get the form. 1 Quote Link to post Share on other sites
Harry Seaward 1,356 Posted December 3, 2019 Report Share Posted December 3, 2019 I also had a judgement show up when I was getting my mortgage. They didn't have my SSN or birthdate in the paperwork they filed with the county recorder (it wasn't on my credit report), so my mortgage lender was happy with an affidavit from me pointing out the absence of any positively identifying information, and a statement from me saying i had no knowledge of the debt. 1 Quote Link to post Share on other sites
