Legal Question in Traffic Law in Florida

Judgment

I live in Florida was in an a minor car accident 10 years ago, I was at fault I had insurance coverage but apparently not enough. I was sued for medical damages and had a Judgment placed upon me. This type of Judgment falls under the Financial Responsibility Law in Florida where they can suspend my license if I do not meet the arrangement I have with the collector. The Judgment was for $6500 I have payed almost $6300 but they say I still owe roughly $6000 more due to interest. I was 22 and now I am 32 with a family and want this over, if I am one day late they threaten me with suspending my license. Is Bankruptcy my best option?


Asked on 12/08/07, 8:51 am

1 Answer from Attorneys
Scott R. Jay Law Offices of Scott R. Jay

Re: Judgment

NOTE: This communication is not intended as and should not be interpreted as legal advice. Rather, it is intended solely as a general discussion of legal principles. You should not rely on or take action based on this communication without first presenting ALL relevant details to a competent attorney in your jurisdiction and then receiving the attorney's individualized advice for you. By reading the "Response" to your question or comment, you agree that the opinion expressed is not intended to, nor does it, create any attorney-client relationship, nor does it constitute legal advice to any person reviewing such information, nor will it be considered an attorney-client privileged communication. If you do not agree, then stop right here, and do not read any further.

Bankruptcy is one of your options but it will severely affect your credit history for up to 10 years. Alternatively, you may wish to try and negotiate a settlement with the "collector" for a lump sum amount to get it over with once and for all. Based on what you have already paid, you may be able to settle for less than you think.

Scott R. Jay, Esq.

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Answered on 12/08/07, 4:53 pm


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