Legal Question in Credit and Debt Law in Connecticut

arbitration settlement

Collection agency refused to take our 50% settlement offer to CC company. Demanding 65% or face arbitration.

Can they refuse to take a reasonable offer of settlement to CC company?

Will an arbitration settlement likely be 65% or less?


Asked on 4/15/09, 9:32 am

1 Answer from Attorneys

Linda Subbloie Linda A. Subbloie, Esq.

Re: arbitration settlement

There is no way to determine what an arbitration settlement would be.

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Answered on 4/15/09, 1:51 pm


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