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.
Answered on 1/23/09, 3:25 pm