My question involves judgment recovery in the State of: Tennessee
There was a judgment against me in 2004 for $84k. I ignored the countless letters for years, but now I want to buy a house and my realtor told me there would be an automatic lien on my house from StateFarm.
According to the latest letter from the "Subrogation Recovery Specialist", I now owe over $126k with interest. I want to get rid of this and I have heard of cases where people have made deals to get the balance down by as much as 80%.
What would be a good first step to take to go about this? Should I contact and deal directly with the collectors? Or hire an attorney? Thank you.