Arrow Financial Judgment?
Affordable Flat Fees. No Hourly Attorney Rates.
We pride ourselves in offering affordable, flat fee rates that help Texas consumers negotiate Arrow Financial judgments. Consumers can put more of their money towards settlement rather than pay an attorney.
Our cost to settle with Arrow Financial
Under $2K
- 3 Month Payment Plan Allowed
$2K - $5K
- 4 Month Payment Plan Allowed
$5K to $8K
- 5 Month Payment Plan Allowed
$8K to $11K
- 6 Month Payment Plan Allowed
$11K to $20K
- 8 Month Payment Plan Allowed
$20K+
- Payment Plan Allowed
Texas Partial Release
If you are selling your homestead and purchasing another homestead inside the State of Texas then you may not have to pay Arrow Financial to sell your home. You can apply for a Texas Partial Release of Judgment Lien under Section 52.0012 of the Texas property code. There are strict noticing guidelines to make sure the partial release of judgment lien is valid. You could have to notice over 4 different locations and entities via certified mail, return receipt requested.
We offer a free consultation and affordable fees to assist you in obtaining a partial release of judgment lien in Texas.
Partial Release
- Per Partial Release Packet
Bill of Review / Vacate Judgment
There are many reasons that you may want to try to vacate a judgment in Texas. One of the main reasons is that our client did not get served with the original lawsuit. In Texas, you can file a lawsuit against Arrow Financial within four (4) years of the signing of the judgment against you. You are asking a judge to “vacate” the the original judgment against you.
We are experienced in Bill of Review and Vacate Judgment lawsuits that can often yield good results for our clients.
Standard
- $500 per month during litigation
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.
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
- 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.
Why do I have an Arrow Financial Judgment?
Arrow Financial purchased a defaulted debt from an original creditor. Arrow Financial 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 Arrow Financial 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 Arrow Financial?
Arrow Financial is a debt buyer that purchases large amounts of defaulted debt to try to collect more than they paid. A common tactic they use is to file a lawsuit against Texas 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 Arrow Financial has a much longer time to collect and is in a much stronger position to collect more money from the consumer.
How to Settle a Judgment with Arrow Financial 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 Arrow Financial 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.
