Does Debt Settlement-Reage the Debt?
Date: Mon, 12/28/2009 - 18:46
I have a court date of January 15th besides getting a Interrogatorie forms to complete I also received a debt settlement letter from the lawyers' office. I called the original creditor for the credit card to try to settle with them. They informed me that the account was with NCI Legal. I asked if the account was sold since it was charged off as a bad debt and could not get a straight answer from them.
My question is, if I counter offer for a lower settlement amount, will that be admitting the debt is mine in case we cannot settle and it goes to court? And would this attempt at a payment reage the debt?
My question is, if I counter offer for a lower settlement amount, will that be admitting the debt is mine in case we cannot settle and it goes to court? And would this attempt at a payment reage the debt?
The question is whether or not the debt belongs to you. If you i
The question is whether or not the debt belongs to you. If you indeed owe the debt then an outside the court might save you from getting a judgment. Check out the following site.
"http://www.nedap.org/hotline/settle.html"
However, if you can't recognise the debt and sure that it doesn't belong to you, demand 'discovery' about the debt at the court.
