What is the name of your state (only U.S. law)? Wisconsin
Lost my job last year and got seriously behind on bills. Went from 70K to 35K a year. I got behind on a debt a high risk commercial loan. Started at 2222 and I have paid $2425 back and owe about $535. I offered them $300 to settle mentioning my income is half of what it was and that its nearly all paid except for $535 in interest. They want 400 or are going to get a "money judgement".
What exactly is a "money judgement". They want the $400 in 10 days and there is no way I can do it in 10 days.
What happens after a money judgement is awarded.
Thanks
Lost my job last year and got seriously behind on bills. Went from 70K to 35K a year. I got behind on a debt a high risk commercial loan. Started at 2222 and I have paid $2425 back and owe about $535. I offered them $300 to settle mentioning my income is half of what it was and that its nearly all paid except for $535 in interest. They want 400 or are going to get a "money judgement".
What exactly is a "money judgement". They want the $400 in 10 days and there is no way I can do it in 10 days.
What happens after a money judgement is awarded.
Thanks