I have a Debt Settlement question that I am hoping someone here can help me with. I have a 2 year old credit card debt that I received a summons to answer for. Right now there is no court date, they are just asking me to acknowledge the debt on the summons so they CAN ask the court for a judgement for the total amount. I have 30 days to answer the summoms. Looks like the original creditor sold the account to a Collection Agency since the summons is from an attorney representing the collection agency and not the original creditor.
I have noticed that most of the settlement questions posted on this forum are related to settling the debt before receiving a summons for a judgement. Have I let it go to far to try and reach a decent settlement since I have already received a summons? The debt is just over $6000. If a settlement is possible at this point, what would be a good settlement percentage to seek. I would really like to settle the debt if at all possible before the CA gets a judgement or even a court date. If anyone has any knowledge of this type of settlement, please help.