January 9th, 2007 | 
Author: 
ffy asked:
I was served today with court papers for a personal loan debt that I haven’t paid for 5 months now. My court date is on Aug 15 at 8:30AM. They require me to pay the amount I owe plus court costs (about 2800 total). Is there a way I could still contact the company and try to arrange to send the money without going to court until August? If I don’t have a choice other than attend the court date, will that reflect really bad on my credit report in the future? even after I pay them off?
Arianne Lockery
I was served today with court papers for a personal loan debt that I haven’t paid for 5 months now. My court date is on Aug 15 at 8:30AM. They require me to pay the amount I owe plus court costs (about 2800 total). Is there a way I could still contact the company and try to arrange to send the money without going to court until August? If I don’t have a choice other than attend the court date, will that reflect really bad on my credit report in the future? even after I pay them off?
Arianne Lockery
Posted in Credit | 
Tags: 5 Months, Contact, Court Costs, Court Papers, Credit Report, Going To Court, Money, Personal Debt, Personal Loan
Of course you can call and ask.
ohh man you done F’d up..
better get a second job.. once your summoned to court its going to be a ***** to negotiate..
apply for judge judy.. it will ease your costs if you show up on air.
Contact the attorney who filed the suit to find out what the company is willing to settle the debt for prior to going to court.
If they win a judgment against you, it will become a public record that may be listed on your credit report.
You are Always expected to call the company that lent you $$$$ .
Your question suggests that is part of your problem ,
Failure to communicate with them .
Your delinquency is on your credit report by now ,
And waiting for the court to force you to pay will
Really make for an additional ugly ding .
Better late payment dings than late and court judgment dings .
call now
>
The company doesn’t want to go to court. They will stop the suit if they get paid or believe that they will be paid without court. Keeping a judgment off your record would be a very good thing and well worth trying.