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Discover Card Judgment | OK Judgment Settlement Attorney
Discover Card is a debt buyer that purchases debts for pennies on the dollar. They file lawsuits against consumers in an attempt to collect more than what they paid for the debt to make a profit. If you did not respond appropriately they may have taken a judgment against you.
Dealing with discover credit card debts after a judgment.
10/04/2017 · The Discover debts have been growing since you stopped paying with late fees and increased interest rates, and later with judgment interest. They are not going to go away. Judgments can be renewed. Depending on the state you are in, judgments can last 20 years, or even longer.
FAQ discover card judgment
Can I negotiate my Discover credit card judgments?
If so, that loan is first in line. The tax lien on the home may be next. If the Discover credit card judgments do now, or later wind up with a lien on the home, they would be last in line. This fact could actually play in your favor for negotiating the debt.
What is the settlement target for a Discover Card judgment in NC?
I found out the attorney office is Bernhardt and Strawser out of Charlotte. I would stick to the 50 percent settlement target on the Discover Card judgment. Like we covered on the phone, the judgment balance will increase due to any interest set by the court, which in NC is capped at 8%.
How long does a Discover credit card debt last?
The Discover debts have been growing since you stopped paying with late fees and increased interest rates, and later with judgment interest. They are not going to go away. Judgments can be renewed. Depending on the state you are in, judgments can last 20 years, or even longer.
How can a credit card company get a debt judgment against you?
If you are in default on a credit card account, the credit card company can try to get a credit card debt judgment against you by filing a lawsuit.
What happens after a judgment is entered against you.
Post Judgment Discovery of Assets
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