Zakheim & Assoc post-suit
Date: Tue, 05/04/2010 - 14:10
Do I sue them back? Do I pay up/negotiate a settlement amount? I mailed them a letter saying that I would pay in full when my land in Alabama was logged. Turns out that won't happen for 15years. They've left me alone since getting the financials showing how broke I was/am. And it's been 3 years. Does the letter count as promise of payment and since they didn't respond can I wait until a timber co. will actually cut the trees?
It's too late to negotiate, and I doubt you would be successful
It's too late to negotiate, and I doubt you would be successful in court. Most likely the judge would throw out any suit you filed because there is already a judgment in this matter. The letter might count as a promise of payment, depending on your state's rules regarding this. You can wait until to pay until you get the money (which the creditor will probably try and get a lien on now that you've told them about it). It depends also on the statute of limitations for enforcing a judgment in your state.
If you think you can negotiate with them,you can surely do that
If you think you can negotiate with them,you can surely do that or else why don't you go for a settlement company.In this you don't have to pay the amount in full.
You can't negotiate once there is a judgment in place. They hav
You can't negotiate once there is a judgment in place. They have no reason to accept less once they get a court judgment guaranteeing their right to the full amount.