Discover Bank Judgment?
Affordable Flat Fees. No Hourly Attorney Rates.
We pride ourselves in offering affordable, flat fee rates that help Texas consumers negotiate Discover Bank judgments. Consumers can put more of their money towards settlement rather than pay an attorney.
- Judgments under $3,000 face value.
- 2 month payment plan for our fees
$3K to $10K
- Judgments from $3,001 to $10,000 face value.
- 3 month payment plan for our fees
$10K to $20K
- Judgments from $10,001 to $20,000 face value.
- 4 month payment plan for our fees
- Judgments above $20,001 face value.
- 5 month payment plan for our fees
The above pricing does not include the filing fees or electronic filing fees to the court. Sometimes the judgment creditor will agree to pay these fees. Filing fees typically are $26.00 for the first page and $4.00 there after. Release of Judgments are typically 2-3 pages. Some courts require a separate electronic filing fee which is usually less than $20.00.
A judgment creditor usually will not issue the release of judgment for 15 – 30 days after receipt of funds.
Learn More about Texas Judgments
What happens if I don’t pay Discover Bank?
What we do for you
- Find out who to settle with Sometimes this is the most difficult part of the process. A copy of the judgment will need to be obtained from public records. You can then contact the attorney that represented the creditor in court. They may or may not be able to help settle the judgment. Sometimes the creditors that took the judgment are out of business, have declared bankruptcy, or sold the debt. You will have to find the entity that owns the judgment now and document how they own it. Even though the judgment creditor took the judgment they may have sold the judgment to another company.
- Create a hardship letter A hardship letter needs to document the reasons why the judgment creditor should reduce the amount that they are owed. A good hardship letter should be able to provide details of a job loss, divorce, medical issues, or any other event out of the ordinary that inhibits your ability to pay the full amount due.
- Negotiate A judgment creditor has all the power in a settlement negotiation. Until the client agrees to pay a price that judgment creditor wants, they will not sign off on the release of judgment. A good hardship statement and correct documentation may persuade the creditor to reduce the amount of money they are demanding. The perfect settlement price is what a client is willing to pay and what the judgment creditor is willing to accept.
- Write a Release of Judgment This is the document that after signing will be sent to the court and recorded in public records proving that the judgment is released. If this is not written correctly or signed off appropriately, then it may be invalid.
- Help Transfer Money and Get Release of Judgment Signed It is imperative that you make sure that if you send money to a judgment creditor, they will release the judgment as agreed. If they do not then you may have to take more expensive approach.
- File Release of judgment in the correct county The settlement process is not complete until you file an original copy of the release of judgment inside the county that the judgment was taken. Most counties charge a small fee to file documents into the public record.
- Inform the Credit Bureaus The final step is to let the credit bureaus know the status of the judgment as released.