Oregon Sample Letter for Proposed Final Judgment
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How to fill out Sample Letter For Proposed Final Judgment?
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FAQ
A judgment is a court order stating that you owe the debt collector money because of a lawsuit. You may have received a judgment because the court decided in favor of the debt collector in a trial, or because you did not respond to a lawsuit that was filed against you.
It is possible that notifying the collection agency of your judgment proof status will prevent a lawsuit. Remember, however, that just because you are judgment proof does not mean that the creditor will not sue you in order to get, and receive, a judgment against you.
What Is Judgment Proof? Judgment proof is a description of a person who does not have enough assets for a creditor to seize when a court order requires debt repayment. A debtor who is broke and unemployed can be considered judgment proof, as can a debtor who only has certain legally protected types of assets or income.
Clearly state that you are writing a judgment proof letter and explain the purpose of the letter, which is to demonstrate your inability to pay the judgment. Provide a brief explanation of your current financial situation, including any income, assets, or debts you may have.
Your letter should contain: An explanation why you are judgment proof. ... Your full legal name and address. Your account number. Statement that you are exercising your rights ing to the FDCPA. The correct correspondence address for the debt collector, which is usually different from the make-a-payment address.
Stipulation to Dismiss where both parties have agreed (stipulated) to dismiss this case without prejudice. IT IS ORDERED that this case is dismissed without prejudice.
