Re: Judgement Proof - Now What?
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Posted by Why Chat (209.240.198.61) on November 24, 2002 at 18:58:57:
In Reply to: Judgement Proof - Now What? posted by arbelly68 on November 24, 2002 at 18:00:59:
Why would you be getting 1099's? You only get them if you have PAID a portion of the debt. You do not get them if there are judgments that are unpaid. Why on Earth would you want to pay anything on old time-barred debts? All you would accomplish is to mess up your credit report for another 7 years. Leave everything alone, DO NOT apply for credit until the judgments and all the underlying debts have fallen off your reports.You will get plenty of offers then.
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