Legal Question in Credit and Debt Law in California
I have a judgment against me that I would like to pay off. I have no income but a limited amount of cash. Will they negotiate a reduced payoff? What legal papers need to be signed to make the reduced amount fulfill the judgment in full?
Nobody has tried to collect on this in years - should I contact the lawyer listed on the judgment?
Asked on 11/09/09, 2:34 am
1 Answer from Attorneys
John D. Williams
Law Offices of John D. Williams
Yes and offer a reduced payoff or payments. If you come to an agreement make sure you have the lawyer prepare a written agreement regarding the agreed terms. I recommend you have a lawyer review the agreement.
Good luck and thank you for the inquiry.
Answered on 11/15/09, 4:04 pm