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Old 05-22-2008, 06:00 AM   #6 (permalink)
BulletCatcher
Crazy
 
Location: America's Outback
Have you paid anything towards the debt? If so, have those payments been consistant? They may want you to pay more per month but if you have been paying on the debt consistantly, even $20 - $30 a month, the judge is going to look more favorably as they will recognize that you accept the debt and are making an attempt to pay.

This is by no means a guarantee the court won't order you to pay the additional amount but it has been my experience (I used to work in a social service office) that as long as you can show you have at least acted in good faith and have made a consistant attempt to pay down the debt the court will more than likely rule in your favor and keep it at a low minimum payment.

If you have made no attempt to pay though there really isn't much you can do now except try and get them to drop the case. What works best is to try and negotiate a one time settlement. Find someone to loan you some money and offer to pay a lump sum of $1500. You will still have a debt to pay to whoever loans you the money but it will be less and you will be in a better position to negotiate a low monthly payment with the new creditor.
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