Collection of a judgement

mkmike23 · #1 02-12-2006, 08:32 AM

I had a credit card when i was 20 I am now 26. My problem is that the limit on the card was only $250 and now I owe $1064. It was sent to court 3 or 4 years ago without a notice given to me. Got a judgment put against me for the amount of $862. I called about a year ago and talked with NCO and tried to set up a payment plan. In that process i tried knocking down the amount owed and got 3 different amounts from the guy. Also found out from this guy(who is an A$$) that he makes a commission from the amount he gets from me. Let me tell ya I was ticked!!

Also When searching with this debt it was bought and sold 2 different times. On my credit report it still shows with the original credit. So I was searcing and found it through capital one. They said they did not have it on file so i had them remove it from all three credit reports and was done successfully. Then it was back 1 year later. Then I called again and did the same and it worked. They removed it again. Well of coarse it showed up again. Now I just want to clear it but NCO is difficult to work with?

And can this be reported more than once as I had it removed 2 times.
Should I fight this with a lawyer even though I was not at the hearing for the judgment against me.

And living in a different state does that change anything?
Should I get a lawyer and fight the amount owed?
Is that a lost cause considering that it was in Michigan where i had opened the account?

lwpat · #2 02-12-2006, 09:20 AM

Unfortunately they can keep illegally reaging the account every time they sell it to another collections bureau. I had a bunch of dispute letters printed at one time and just kept sending them one every thirty days until they got tired of responding. The credit bureaus or the feds are no help. Until they pass some laws regulating these collection bureaus you are at their mercy when you don't pay your bills.

mkmike23 · #3 02-12-2006, 09:40 AM

I looked it up and the total amount that I owed the original amount is $653 to Providian then it was written off and sold to capital one. Capital one put a judgment on it and now it is $862 because of lawyer fees. Now it is at $1084 because of nco's interest.
Can they do that?

aaron · #4 02-12-2006, 09:53 AM

The judgment debt is different than the original debt. Try to either negotiate a payoff of the judgment or pay off the balance through the court, and have a "satisfaction of judgment" filed with the court.