Legal Question in Credit and Debt Law in Texas

Agreed Judgement on credit card debt

What impact does signing an Agreed Judgment have? I always thought Judgement against you were ''bad'' things.


Asked on 1/23/09, 9:12 am

1 Answer from Attorneys

TC Langford Langford Law Office

Re: Agreed Judgement on credit card debt

Judgments against you are a 'bad' thing. If the Agreed Judgment compromises and settles the debt in a way that benefits you as wellas the company, then you might be better off than if you took the case to trial. It depends upon the terms of the judgment.

Read more
Answered on 1/23/09, 3:25 pm


Related Questions & Answers

More Credit, Debt and Collections Law questions and answers in Texas