I lost the judgement on a debt collection case. I agreed to make installment payments. The debt collectors sent me a fact information sheet asking for information on my house, retirement, stocks, children and husband. They did not tell me how to make payments. Do I have to provide all of this invasive information if we agreed on a payment amount?
You can but beware. If you provide bank I formation or employment info they can levy and freeze your bank account or take your wages. Better alternative is to speak to an attorney and have us negotiate the debt for a percentage of the amount owed. Usually pennies on the dollar and they will release the entire judgment. Consult today
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If the judgment requires you to fill out the fact information sheet (usually within 45 days), then you have been court ordered to do so and can be held in contempt if you don't. If you negotiate a settlement then you should have included an agreement (in writing), that fact information sheet shall not be provided so long as payments are being made.
Better idea would be to hire an attorney to negotiate a better settlement and make sure everything is properly documented in writing.
The answer to your question is contained in the judgment. The judgment most likely requires that you complete the fact info form. If the judgment is silent on the issue, you need to review the settlement agreement you reached with the creditor.
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