Hi everyone, this is a follow-up from an older thread titled "Motion for Judgement on the Pleadings" You can check it out if you need the backstory.
I negotiated with the CA through their attorneys and we reached a settlement offer of $800 and a paid in full status. The principal on the account was $1400+ and $1900+ with intrest/fees/etc... so go me! I was very happy with how I was able to settle this account on my own(and with all your help too!) I also told them that I would send payment as soon as I received written confirmation of our agreement.
Today in the mail I received the written confirmation, but I also received a seperate letter saying the following:
"This letter serves as formal written notice that a judgement has been entered on the above referenced matter. Pursuant to ARS 12-1598.03 demand is hereby made to pay the balance of the judgement within 10 days from date of this letter."
It goes on to talk about arranging to pay 25% of my net income each pay period or garnishment will be pursued, etc...etc....
The judgement letter is dated for July 1 and my settlement letter for the 2nd, though both letters were sent on the second.
I haven't received any judgement papers from the court so I don't know what to think about that, but if judgement has indeed been entered in the CA's favor, will my settlement agreement reverse the judgement?
If you need more info on the matter please let me know. Thanks in advance everyone.