Legal Question in Credit and Debt Law in New York

I received a stipulation discontinuing action letter from the attorney of the credit collection. I received a summon from them last january of this year and i file an answer to the court clerk office. And now they sent me this letter that states:

"IT IS HEREBY STIPULATED AND AGREED , by and between the undersigned, the attorneys of record for all parties to the above entitled action, that whereas no party hereto is an infant, incompetent person for whom a committee has been appointed or conservatee and no person not a party has an interest in the subject matter of the action, the above entitled action be, and the same hereby is discontinued, without costs to either party as against the other. This stipulation may be filed without further notice with the Clerk of the Court."

They signed the letter already and they are asking me to sign the letter too and send the 2 copies to them.

My question is, should I signed them and send the two copies or just ignore this letter? Do I need to do something other than that? Please help me. this is my first time for this kind of letter.


Asked on 6/04/13, 5:09 pm

1 Answer from Attorneys

David Slater David P. Slater, Esq.

Yes. The Stipulation should be filed with the court. This should be sufficient to protect your credit rating.

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Answered on 6/04/13, 6:24 pm


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