Second Round Sub LLC Judgment?
Second Round Sub LLC can stop the purchase or sale of a home, freeze your bank account, garnish wages, or go after any other unprotected assets in Washington. We can help you settle or otherwise resolve your issues with Second Round Sub LLC.
- Put our knowledge and experience to work for you
- We work hard for you
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Bill of Review / Vacate of Judgment
- No Hourly Fees.
- Easy Payment Plans.
Why do I have an Second Round Sub LLC?
Second Round Sub LLC purchased a defaulted debt from an original creditor. Second Round Sub LLC then filed a lawsuit against you in an attempt to collect the debt. You may not have received notice or fought the lawsuit yourself but either way the judge ordered you to pay Second Round Sub LLC a certain amount of money.
Since the judgment was put in place it carried interest so it is increasing in value each day. Now is the time to settle a judgment before it can cost more.
Who is Second Round Sub LLC?
Second Round Sub LLC is a creditor that filed a lawsuit against you and for whatever reason the judge ruled that you owe them money. A common tactic they use is to file a lawsuit against Washington consumers in hopes they do not show up or answer the lawsuit. If the consumer does not appear then a default judgment can be taken against the consumer. Now Second Round Sub LLC has a much longer time to collect and is in a much stronger position to collect more money from the consumer.
IF YOU DON’T SETTLE A JUDGMENT YOUR BANK ACCOUNT MAY BE GARNISHED
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 Settle and obtain a 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 release the judgment, then no one will know it is paid.
- 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.
How to Settle a Judgment with Second Round Sub LLC yourself?
- 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 Second Round Sub LLC 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.
- 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
- 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.
Cost to settle with Second Round Sub LLC
Under $3K
- 2 Month Payment Plan Allowed
$3K – $10K
- 4 Month Payment Plan Allowed
$10K to $20K
- 5 Month Payment Plan Allowed
$20K to $40K
- 6 Month Payment Plan Allowed
Above $40K
- 8 Month Payment Plan Allowed