However, just to be clear, we are already in trial, Plaintiff has filed for summary judgement and my answer is due by the 6th, next Monday. Therefore, just to clarify my mind, once a judgement is final, that goes on your credit report, correct?
Response 1: Maybe. Sometimes, for one reason or another, the Court does not report the Judgment. So, it is not a done deal that the Judgment would appear on your credit file. On the other hand, there is no guaranty that it would not appear later.
If you settle, that will NOT go on you credit report, correct?
Response 2: Yes, because there is no Judgment in the case if you settle the case.
Therefore, I have probably @ 2 weeks, or less, to settle with Plaintiff, correct?
Response 3: Yes, especially with the Summary Judgment Motion pending before the Court. So, you need to act quickly to settle.
Or maybe, if I was forced to, I could file an appeal and that would push back the time of final judgement, correct? thoughts
Response 4: You can, but it should not come to that. You should approach counsel for the government for settlement at this time. Student loans are very difficult to get rid off, unfortunately.