Legal Question in Credit and Debt Law in Virginia
I have a judgment filed against me in Fairfax County back in 2007 in the estimated amount of $4k. I have made payment arrangements with the collecting party, and have paid over $2k towards this bill since then. The judgment was established due to a finder binder I had where I rear ended my son grand dad vehicle due to inclement weather. At the time my insurance policy had lapse therefore I ended up owing this amount. I have been making regular payments since June 2010 until I was laid off. Once I established employment 3 weeks ago I contacted the office to make arrangements for payments only to learn my driver�s license has been suspended and they will not accept any amount less than $700 for a deposit to lift the restriction. I am not unable to get to work, in addition to the fact that I am a single mom of 3 boys (13, 6, and 7months old). Is there a way I can get this judgment revised? I want to set up payments but a lump sum of $700 I do not have. What can I do?
1 Answer from Attorneys
Other than payment or payment arrangements satisfactory to the creditor being in place, only filing bankruptcy will get the license suspension lifted.