Citibank Insight Please

When your account is assigned to a law firm, Citi won't negotiate with you directly. But even if they sue you, you can move to compel arbitration, since Citi has an arbitration clause in their agreements. This may be enough to get you a decent settlement. If you're depressed/stressed out for an extended period, you may want to consider a SSRI for a very good chance to get your emotional life back.

Thanks for the reply. I was wondering if this is still a citi debt or if they sold it at day 112? The reason I called them on 1-21-11 was to tald settlement since we finally sold some items and now have some cash to go a max of 40% of the debt. It seems like 112 days was a little premature on their part but it is what it is. Can anyone tell me what to expect from the law firm? Are they just acting as a rep for citi due to the early transfer to them?

Citibank as a general rule does not sell off their debt....it has just been assigned. 112 days is not necessarily an early transfer....citi tends to be fairly agressive and due sue on a regular basis.

I agree with soaplady. That they told you to contact the law firm still doesn't indicate that they sold the debt.