Legal Question in Credit and Debt Law in California
Collections
Hi. I collection agency is having an
attorney sue me for a past due
amount on my credit card. The
attorney has filed suit in superior
court and a settlement conference is
set for July. I would like to make an
offer to settle on this debt now but
not sure how to go about doing this.
2 Answers from Attorneys
Re: Collections
Communicate only in writing. Prepare a letter offering to settle for whatever amount & explain why the credit card company should accept that amount. Give them x number of days to accept that amount. But, since you are not an attorney, BE VERY CAREFUL in explaining why they should accept that amount. You may innocently say something that could come back to haunt you. I would have an attorney prepare the letter or seek the advice of an attorney before you send the letter.
Re: Collections
Be sure to ANSWER the complaint on time to put you in a position to bargain. Contact me directly.
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