Debt Settlement - Suit Pending
Date: Thu, 06/24/2010 - 10:36
I received a letter for verfication of debt (Chase Card) from Javitch, Block and Rathbone. When I contacted them they told me that the creditor was not interested in negotiating a settlement but offered a lump sum payment or 12 monthly payments of near $500. I do not have that kind of resources. They only give me until June 28th to decide or they will file suit. I need advice!
Thanks, Sunnygirl
Thanks, Sunnygirl
How much do you owe? Is this lump sum discounted, or have they
How much do you owe? Is this lump sum discounted, or have they taken the entire amount and maybe added on fees?
Quote:Originally Posted by danthemanHow much do you owe? Is thi
Quote:
Originally Posted by dantheman How much do you owe? Is this lump sum discounted, or have they taken the entire amount and maybe added on fees? |
They offered verbally to me a lump sum payment $3939 on $5600 dollars owed. The payment option was $487.00 per month for twelve months which
would be with fees added. Since visiting this site I am going to request validation of the debt. This debt was from a business I closed and I quit paying on when I was out of work.
Can they file suit immediately if I cannot pay or do they have to wait to validate the claim?