How to reach settlement agreement before court date.

Date: Sun, 08/16/2009 - 07:46

Submitted by anonymous
on Sun, 08/16/2009 - 07:46

Posts: 202330 Credits: [Donate]

Total Replies: 1

I have received a summons by a Law firm for a CA. The amount is 6250.00. This is an account that I had worked on with Credit Solution. I now realize my mistake with that company. I started with CS 10 months ago and they said the account would never go to court, they just kept advising me to save as much money as I could. Meanwhile they never even attempted to reach an agreement for me. Now, I have received a summons and I want to try to settle with the Attorneys. The problem is that they don't want me to make a payment arrangment with them, they want the money in as little as two payments. This is not feasible for me. Is my best bet to just wait and go to trial? Or, will that place the judgment regardless if I pay on the debt? How does the Judge reach an agreement on how much can be paid to the CA. I am in this situation because of my poor health and numerous medical bills, I can only afford so much.

I have received two summons under similar circumstances. One of

I have received two summons under similar circumstances. One of them, I had enough in my settlement account to cover it, the other, my settlement company negotiated a payment schedule.

Credit Solution was wrong in telling you would not be sued. It is an inherent danger of the settlement process, whether with a company or on your own.

Keep calling those attorneys, every day if you have to; be persistent. Maybe offer them what's in your settlement account up front, and a few more payments for the balance. Let them know you want to pay but need other arrrangments. Keep a log of every call, and what was discussed. That way, if it DOES go to court, you can show the judge you wanted to pay, but they kept turning down a reasonable plan. The judge most likely will order a payment schedule you can handle, but it will go as a judgement against you. So keep trying with the CA attorneys. It doesn't hurt to turn the tables and badger THEM for a change.

Who was the original creditor, by the way?

lrhall41

Submitted by SusieQ on Sun, 08/16/2009 - 21:00

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