If you cannot pay the judgment debt immediately, you can try to negotiate with the judgment creditor about payment of the debt.
If you can negotiate an agreement about payment, you may avoid having your wages or bank account garnished or your property seized and sold. You may also avoid having enforcement costs added to the judgment debt.
You could negotiate with the judgment creditor:
It is a good idea to make any payment offers to the judgment creditor in writing. In your letter you can explain why you cannot pay the judgment debt immediately.
If you come to an agreement with the judgment creditor about payment of the judgment debt, the agreement should be in writing and signed by you and the judgment creditor. For more information, see
Sample Consent Order - Payment by instalments.
If you need help negotiating with the judgment creditor, you should contact a free financial counsellor. You can find a free financial counsellor through the website of the
Financial Counsellors' Association of NSW (FCAN).
If negotiations do not work, you can apply to the Local Court to pay the judgment debt by instalments. For more information, see
Payment by instalments - Debtor.