Hi Ameera, our first names are similar.
I'm currently in the hospital from a car accident. I noticed your question and I'm hoping to be of some help to you.
A written letter requesting to reduce judgment amount is possible by 50% or more. One would rather receive full settlement than nothing OR partial lump sum payments. Although it will be difficult but there's no harm in trying since we have been successful several times in the past. Once judgment is paid, you can obtain a mortgage for a 1 year term. Rate will be high due to credit history. After 1 year of building credit, you can renew mortgage with a good rate.
Note: $ 200 -$400 difference in payments you're looking at when comparing a person with excellent credit carrying same mortgage amount vs your credit history. You can rent a room or basement to assist you with payment difference. SO, it is possible to make this work base on your income vs expense.
905-458-4222 Ext. 7.