settlement offer window
Date: Mon, 05/31/2010 - 15:05
I settled with a creditor recently and have a question about the settlement offer window.
They made an offer for 50% which they made good for 30 days from the date on the letter. On day 28 I sent the settlement amount to them, certified return receipt. When I got the green card back, I noticed they received the settlement on day 31. Will this void the offer they made (the fact they received it one day after the 30 days). Will they try to get the other 50% from me now?
thanks
They made an offer for 50% which they made good for 30 days from the date on the letter. On day 28 I sent the settlement amount to them, certified return receipt. When I got the green card back, I noticed they received the settlement on day 31. Will this void the offer they made (the fact they received it one day after the 30 days). Will they try to get the other 50% from me now?
thanks
It will quite possibly void the settlement. Your payment should
It will quite possibly void the settlement. Your payment should have been sent overnight as certified mail takes extra time to get their due to the special handling.
I just looked at my paperwork again and realized they signed the
I just looked at my paperwork again and realized they signed the card on the 30th day, not 31st (thank you april for having 30 days)
in any event, this is good information. If Im in this situation again, I will be sending it overnight.
