Funds Even with Judgment
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  1. #1
    Senior Member Reputation points: 118256 ridextreme's Avatar
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    Quote Originally Posted by Fundyman View Post
    Payment plan will happen today.
    the odds of it happening without a payment history are still very slim. If I was uw'ing this deal I would assume he only signed the payment plan to get the advance, then he will most likely default on the agreement.

  2. #2
    Senior Member Reputation points: 20465 Fundyman's Avatar
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    Quote Originally Posted by ridextreme View Post
    the odds of it happening without a payment history are still very slim. If I was uw'ing this deal I would assume he only signed the payment plan to get the advance, then he will most likely default on the agreement.
    The only reason he applied for the advance in the first place was to pay the interest on the judgment. He was going to refi out of it in 3 weeks anyway. He hates cash advances. So, it would be a really quick turnaround.

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