Have Legal Questions? Ask a Lawyer Now.
The total amount of the judgement including fees = $39,558.12
The creditors attorney is not getting back to our office with a settlement arrangement and as such I decided to call the creditor directly ; all of the phone #'s are not longer in service .
The Judgement was entered April 09, 2009 .
We have not made any payments on this judgement. I am seeking to see if the judgement can be vacated in the event the creditor is out of business.
The judgement was made against my company .
My goal is to provide you with excellent service – if you feel you have gotten anything less, please reply back. I am happy to address follow-up questions. If you are satisfied with my answer, please rate it as "excellent" or in another positive manner. That is the only way that I can get credit for answering the question.
Thank you for your business!
Maybe I should be more clear ; It is my understanding that you have usually up to a year to make a valid motion to vacate a default judgement. My judgement is almost 4 years old and as such too much time has elapsed. My question is now that the creditor is "out of business' , does this development create a "unique" situation whereby the judgement can be vacated ?
Vacating a judgement that is over 4 years old as a result of the creditor now being "out of business".
DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.
The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).