- Centurion Member
- Posts: 707
- Joined: Tue Sep 22, 2009 1:15 pm
- Location: Arizona
When you say "attorney's office," what do you mean? If this is an attorney who has contacted you then it is probably a collection agency. You will want to be very careful in dealing with them because they could get you to pay $900 and then still try to come after you for the rest later. If you don't understand these things I strongly suggest you contact a lawyer of your own to deal with it. It will cost you more but could save you in the long run.
Bad credit is extremely expensive. You'll pay more for car insurance, higher rates on everything, and could have trouble getting a job. Honestly, you will never even know some of the ways it hurts you in the future for many years. You can't do anything about the judgement now but you can get a professional to make it a "right" as possible. The trouble with a judgement is that even if it's "deleted" from your credit report it's still in the public records and will be found by anyone who looks. I think if it were me I'd want to be able to say you satisfied it by paying in full rather than saying you got the creditor to accept less. That will not make anyone look at you positively in the future.