Please help Received a Summons from a lawyer for Arrow finanicial
Date: Tue, 08/03/2010 - 09:21
You need to answer to the summons, else the collection agency wi
You need to answer to the summons, else the collection agency will win a default judgment against you. However, please let me know when the last payment was made on this account, and the state you are in? More information is needed to help you in your problem.
You can try negotiating an out of court settlement with this collection agency. If they agree to settle the debt, you should get a written agreement on the settlement. If they don't agree to debt settlement, and if you want to avoid the judgment you will have to pay off the whole amount. In that case you can borrow from your relatives, or may be a close friend. However, before making the payments in full, you should request the collection agency to stop the lawsuit. Keep the proof of your payment.