Legal Question in Credit and Debt Law in Florida
post judgement installment agreement
Over the phone, lawyer and myself agreed to settlement amount for credit card debt. Not having that amount, we agreed to a pay plan of 200.00 a month until I can come up with settle amount. The pay plan is based on whole judgement, but I was assured lawyer would honor the deal and take the settlement amount. What paperwork can I create to send with my money order of 200.00 to insure payments are recorded,ect. Also this is a debt buying law office, which I have resaerched and wonder how they can sue on behalf of a bank, when they themselves might have bought it. thanks!
1 Answer from Attorneys
Re: post judgment installment agreement
NOTE: This communication is not intended as and should not be interpreted as legal advice. Rather, it is intended solely as a general discussion of legal principles. You should not rely on or take action based on this communication without first presenting ALL relevant details to a competent attorney in your jurisdiction and then receiving the attorney's individualized advice for you. By reading the "Response" to your question or comment, you agree that the opinion expressed is not intended to, nor does it, create any attorney-client relationship, nor does it constitute legal advice to any person reviewing such information, nor will it be considered an attorney-client privileged communication. If you do not agree, then stop right here, and do not read any further.
You need a Settlement Agreement which sets forths all the terms, obligations and rights of both parties. This agreement should be executed by both parties in multiple copies to allow for originals to be provided to both.
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