Legal Question in Credit and Debt Law in Florida

Capital Management Services,LP. Wants to settle a $9367.43 debt for $975.00 for Target financial services what do I need from before giving my bank account number so they can get the money they are located in new york


Asked on 3/11/10, 5:54 pm

2 Answers from Attorneys

David Labovitz Labovitz Law Firm, P.A.

I would get them to send you a settlement letter specifying the terms of your settlement agreement. Get a copy of the settlement letter before you give them payment and make sure it properly details the amount you are paying and that it pays the account in full.

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Answered on 3/16/10, 6:45 pm
Angelo Marino Angelo Marino Jr. PA

First, ask yourself how old the debt is. The statute of limitations may have run. If you deicde to settle, and that appear to good too be true, tell them you want to pay by money order and you want a complete release of all claims. Never giver personal information to them. See www.ConsumerLawyerHelp.com

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Answered on 3/16/10, 6:45 pm


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