Skip to main content

Debtconsolidationcare.com - the USA consumer forum

Stipulation of Settlement

Date: Thu, 08/11/2011 - 17:55

Submitted by ioalot
on Thu, 08/11/2011 - 17:55

Posts: 138 Credits: [Donate]

Total Replies: 4


Some background...
Oc sent acct to CA after 120 days, CA had it only 30 days, sent to atty. Came to agreement with atty for 37% of balance, lump sum.

The attorney sent me an unsigned stipulation of settlement with the agreed settlement amount and if I do not go through with the settlement I give up my rights to fight in court, a default judgement for the Full balance.

There has been no case filed as of yet, it has only been with the atty for a week.

Seems fair enough, I will get them there money by the due date, anything else to watchout for?

Shouldnt the attorney have signed it first?

Thanks


ive signed a stipulation or two in my day. mine werent signed by the attorney when i got them, but my thinking was always that they would have to sign it to file it anyway. what difference would it make whether it was signed before i got it? so let me plead ignorance - whats the harm? that they might change the terms of the agreement?


lrhall41

Submitted by usernameislame on Thu, 08/11/2011 - 18:25

( Posts: 72 | Credits: )


Thanks,

I do have the funds, I made the settlement offer, the stipulated settlement threw me off, I was expecting the normal "we agree to accept.....bla bla.

My concern is the offer not being signed, say I sign it and never get the attorneys signature on it, so I never send the money, he then signs it the day the money is due, I default and get a default judgement.

I am thinking to drive the check and agreement to his office to get his signature and a receipt, hes under an hour away.


lrhall41

Submitted by ioalot on Thu, 08/11/2011 - 19:14

( Posts: 138 | Credits: )