Legal Question in Credit and Debt Law in United States Minor Outlying Islands

Vacating a Default Judgement in VA

Hello, I was surprise to learn that a creditor received a default judgement against me and I was not aware of the court date. We had previously made arrangments for me to settle and they went on a continuace date without my knowledge to get a judgment against me. I called to advise them that I will be filing a motion to vacate the judgement and the attorney representing the company advise me if I pay the current amount that they will be able to vacate the judgment. Is that true and what kinds of document should I ask for my records.


Asked on 5/01/08, 10:16 am

1 Answer from Attorneys

Re: Vacating a Default Judgement in VA

I would ask for their agreement to vacate the judgment in writing. I would also ask for a copy of their motion to vacate. Ultimately, you will also want a signed Order vacating the judgment for your records.

Understand that vacating a judgement is different (and more beneficial to you) than simply reaching an "accord and satisfaction." Marking the debt as once outstanding, but now satisfied, will still impact your credit, albeit less so than leaving it unpaid. Vacating the judgment effectively causes it to disappear.

Read more
Answered on 5/01/08, 10:55 am


Related Questions & Answers

More Credit, Debt and Collections Law questions and answers in United States Minor Outlying Islands