Legal Question in Credit and Debt Law in Pennsylvania

Its not a problem. If you have less than $300 in the bank (get your name off any bank accounts with your husband) and no assets, there is not a darn thing they can do to you. There is no wage garnishment in PA.

They do not have to settle the debt for less than 100%, although many creditors want paid badly enough and will settle for 50% to 80% on average. Also, creditors do not have to allow you to make payments and many want paid either in a lump sum or in no less than 3 payments. Others are more flexible and will let you pay out over 12 months.

If they are telling you no, then tell them that if they are not going to be flexible then you are going to have to save. Start saving now. I don't know how much the judgment is for or how much they want. The judgment will earn interest at rate of 6% so it will be bigger, but when you have at least 50% saved (make sure that you get an updated balance; you can contact the court to get the information or just ask the creditor), contact the creditor and see if they will accept. If they ask for more, then see if you can make a down payment and get the balance paid off in 3 or less pays. If the creditor says no, then keep on saving until you have more and try again.

I can resolve the debt for you for a reasonable fee whenever you have the funds saved up. Please contact me if you are interested at [email protected].