My Business Account Was Levied by a Judgment From Six Years Ago. – Jennifer

Single mom who has been working very hard to correct and improve my credit since a divorce in 2001. I just opened a salon last year and can finally breath financially. I lived in NY until 2004 now I live in Florida.

my business account was levied by a judgement in Watertown ny from 2005. I was nailed and mailed apparently( clerk of courts informed me) at an old address in NY. there. Anyway, I’m embarrassed I even owe this! I’m not an irresponsible loser. I want to settle this. The original debt is 7,500.00. I have 8,500.00 in levied bank acct. The lawyer wants 75% of the 8,500.00 and me to make payment on another 5,000.00 in late fees. This isn’t a savings acct, this is my paying rent, feeding kids acct. Do I have any way to negotiate? And how? The lawyer is really rude and mean. Help please.

Jennifer

I’m currently backed-up on answering questions so I’m posting some of the questions here for you to help answer.

This is your chance to be a hero and help out this person by providing your feedback and answer to the question in the comments section below.

Steve Rhode Debt Coach and Author

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

See Full Bio

Consumer Debt Consumer Bankruptcy How to Get out of Debt Money Troubles Money Personalities Budgeting Behavioral Economics Motivation Inspiration Money Management The History of Credit and Debt Getting Out of Debt Get Out of Debt Debt Settlement Credit Counseling Loan & Debt Relief Scams Debt Relief Industry Practices Exposing Deceptive Financial Services Helping Consumers Navigate Financial Hardship Consumer Advocacy Consumer Debt Expert Consumer Protection Debt Relief Scam Student Loan Bankruptcy Debt Validation Debt and Mental Health Student Loans Debt Consolidation Debt in the Military