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how to settle credit card judgment
Any help or advise is appreciated. I have an old judgment against me from capital one. It was for a credit card for $500.00. When it went to court, it was made for 956.00 after fees. I was very young at the time and didnt have a job or noney to pay it off. Fast forward 7 years later it has finally fell off my credit report. I would like to start rebuilding my credit and get a good score. Mine is very poor. But the thing is, even though it has fell off my report, they can still garnish my wages for it. The last time i seen a letter for it it was around 3000 after interest for all the time that has passed. So what i need to know is how would i go about setteling this debt? Would i contact capitol one? Would they still own this debt? Would they of sold it if they had a judgment for it? What are my chances of getting it lowered? I can not afford to pay 3000. I might be able to do 600.00. Im afraid of contacting anyone because of the fact I might awake the sleeping giant and they will garnish my paycheck. Im trying to do the right thing and have this taken care of, but im scared. Also since it has already fell off, if i pay it off will it reappear on my report? Does anyone have any experience with this type of situation? After I get this taken care of, i plan on getting a secured credit card to help boost my score. Please help!

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