Zwicker (for Amex) sued me. Didn't serve. Case dismissed. Settlement Advice Please
Date: Sun, 01/31/2010 - 22:25
State: CA
$60k on amex & couldn't make the payments as of 2007 (long story - personal card used for business. business went under after taking on bad "investors" & basically dismantled).. Zwicker sued me recently. They didn't serve me at all. Zwicker didn't show up to a conference set up by the judge & the case was immediately dismissed.
I'd like to settle and get this over with.
Tried to call AMEX - they said they "no longer have the account".
Tried to call a number at Zwicker which is just a voicemail that asks for all sorts of account info and they will call back. I didn't leave a message. I have to assume the Zwicker attorney is not going to be in a good mood due to the dismissal.
1) I understand that it would be best to make a settlement offer in writing... but I'd rather not wait for mail, etc. I just want to end this. That being said, do you have any tips/suggestions when making the call?
2) I can immediately come up with $17800 (comes to 29.67%)... I might be able to come up with $6500 more by borrowing from some sources I'd rather not borrow from... that would bring me into the 40% range. Am I fooling myself thinking Zwicker may take the $17800 immediately?
3) With the facts above (and ignoring 1&2), what would you do (steps if possible, please)?
Thanks.
$60k on amex & couldn't make the payments as of 2007 (long story - personal card used for business. business went under after taking on bad "investors" & basically dismantled).. Zwicker sued me recently. They didn't serve me at all. Zwicker didn't show up to a conference set up by the judge & the case was immediately dismissed.
I'd like to settle and get this over with.
Tried to call AMEX - they said they "no longer have the account".
Tried to call a number at Zwicker which is just a voicemail that asks for all sorts of account info and they will call back. I didn't leave a message. I have to assume the Zwicker attorney is not going to be in a good mood due to the dismissal.
1) I understand that it would be best to make a settlement offer in writing... but I'd rather not wait for mail, etc. I just want to end this. That being said, do you have any tips/suggestions when making the call?
2) I can immediately come up with $17800 (comes to 29.67%)... I might be able to come up with $6500 more by borrowing from some sources I'd rather not borrow from... that would bring me into the 40% range. Am I fooling myself thinking Zwicker may take the $17800 immediately?
3) With the facts above (and ignoring 1&2), what would you do (steps if possible, please)?
Thanks.
If you search the board you may find many discussions on Zwicker
If you search the board you may find many discussions on Zwicker.
I'd have given a call and offer the settlement to the collector. They had once got a case dismissed, hence they should be happy in receiving a settlement offer without going through the court process again. But I would have asked a validation as well before sending any money to them.
