Original judgment was entered against me for $274.91. Judgment hasn't been paid for four years. They applied interest of $200.25 to make new judgment amount be $490.16 and are attempting to garnish this from my state tax refund. The actual interest amount should be $47.18, plus original judgment total of $274.91, plus $15 garnishment filing fee, bringing the judgment total to $337.09, not $490.16. Even with this said, I want to settle with them for less than $337.09. I am offering to pay them $225 via a money order with "Paid in Full" written on it to satisfy judgment in full, so that they will file the Satisfaction of Judgment. Will them depositing the $225 count as accord and satisfaction and settle this judgment? In other words, do I have a bona fide dispute in order to uphold A&S?
Judgment liens are the result of someone winning a lawsuit, and then entering the judgment against your property. They can be placed on your car or home.
A lien gives a creditor certain rights to a debtor's property in order to ensure payment of a debt. Liens can be either voluntary or involuntary.
by attorney Stuart Steingraber