My question involves judgment recovery in the State of: Oregon
In April of 2004 my wife to be had a civil judgement filed against her from a credit card company, the judgement was @ $5000.
We have not heard from the company in 6 and a half years. We have been working on improving our credit and believe the right thing to do is honor this debt since we can.
I called the credit card company and they forwarded our call to a lawyer's firm where the told us that because of interest the debt was $9000. I told them I would be able to pay the debt of $5000 in full if they would remove the mark from my wife's credit report. They told me they were authorized to reduce the amount to $5500 but they could not remove the judgement from her report. I asked them if they could put me in contact with someone from the credit card company directly so I could work with them on a resolution. They told me there was no way I'd be able to work with them (the CC company) but I could try if I wanted to. So far everytime I try and get help from the CC Co. they direct me to the lawyer.
My question : Is it in my best interest to pay the $5500 and have the judgement updated as paid/satisfied, or Should I pursue paying the amount of $5000 and having the judgement removed from her report?
or is there another option that would be in my best interest?
Thank you, I have learned alot reading this forum since I've found it.

