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Let's start off with Kansas City -- is what it's like Kerry welcome to the Dave Ramsey Asia.
Thank you -- better than I deserve what's up.
Well I've got a question am I received the direction that from -- an employer.
From a car that have been repossessed back in 1999.
AM that Day of The Dead that was -- in 2000 and the principle of only 3700.
But the interest has -- thousand.
Yeah and that was the huge called the lawyer and try to work got to deal with because not long time ago.
But they wouldn't do any kind of deal I told me not pay all the principle that.
That's not a lot of interest.
-- -- on a car that.
It's ten years old -- -- I'm not really sure what I need to do if I need to do something else -- They would not negotiate with you at all they wouldn't I was willing to pay a thousand dollars a month for four months that they wouldn't call it you know.
-- -- -- And they she wouldn't work with me -- all.
What your household income or what is your income that your employer.
About -- -- -- that -- -- -- -- -- -- -- Ten years of 37.
Interest that said -- putting a lot of points.
75 per cent per mil per does it that's fine.
We'll cut I do not know Kansas law and I'm not an attorney -- where you are or Missouri which are sad news this on your own but.
You know I think you probably is going to be worth a phone call to an attorney here.
A -- because most states do not allowed judgments to accrue interest at that high in interest -- It's called the statutory interest which means the -- all sets the interest on a judgment.
-- and in most states it's 10%.
A passport to -- 21 and a half on an outstanding judgment is a bit on -- -- And you know that the blues where the judgment was taken out and where you -- of both -- -- into the equation.
So -- Would they -- you in Missouri -- in Kansas.
And then there -- kind do you live in Missouri or Kansas and number OK so -- is Missouri law that's in question.
Right yeah and so.
I think it's worth a phone call to a basic general practice attorney.
And that may be that attorney can.
Call this thing -- -- -- the other -- attorney because what I'm gonna do if they're gonna try to charge me more the statutory interest and try to rip me off.
-- let's say it is 10% and they just think they're gonna get away with a 21% interest.
And what I'm others drag them back in the court and punish them.
And the and the judge is gonna probably beat them up for abusing you and you're probably gonna end up with a settlement below what you offered them.
I don't but you know or you can use that you know potential of dragging them back in the court as leverage.
But in the meantime here are -- -- in the meantime the -- -- can be stopped with an injunction while this is being debated in court.
Okay the -- that -- my employer.
Now you've got to do that -- your lawyer Hilario we have to get the -- stop your employer have to respond -- the garnish my if they don't they are in violation of the law.
And so you're going to be gone Rasheed is is it Friday that this is they've already gotten the notice.
Yeah they -- got and -- it'll be the Friday.
-- guys so your -- unless your attorney that you that you call today is really really fast.
You may get Ding -- one paycheck.
Okay now they've they've tried to actually back it in -- that same thing.
Candidate can get to payment my paycheck and then they stop.
I'm not sure why they took like over a thousand dollars out my paycheck.
Then they get stopped and then like -- they really want to do with this.
I -- that's what I was offering them the money and they wouldn't work with me and -- called them several times and it still won't work let me turn.
Going to but they've taken over a thousand dollars already but it.
What is Osama liquid -- yeah -- just stop and take my paycheck but not sure why.
Very unusual that that normally once they latch on I don't like go put.
You know again I think you need some legal advice and probably the attorneys going to be did do a better job -- negotiating -- it's gone this far.
And if you -- 500 dollars in attorneys' fees -- going to be better than paying them an extra 4000 dollars here that you really may not -- -- and some interest is for it is a reasonable request and certainly could be required of -- The other thing you need to start doing -- you need to really try to scrape together a lump sum for payments of a thousand and then -- cut it won a payment of 4000 might cut it.
So you need to get scramble mode to start piling up cash.
So your attorneys got something to work with -- one big -- -- work but for little ones the same size usually want.
In terms of getting their attention and them getting the thing off the books I've that some.
But I I think you probably need some representation.
To help you with the negotiation and help you know what the law is in your particular state all right.
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