In theory, Mr. Chen's suggestion makes sense, but I have had many clients contact me after sending such letters to the collection lawyers and get no response or the response is a counter offer that they cannot afford. In my experience, if the consumer debtor wants to negotiate a settlement of the collection lawsuit, they should do it promptly and by phone, so if that does not result in a written settlement agreement, the debtor still has time to explore his or her other five options, per my web site's video.
Robert Harlan Stempler Beverly Hills Lemon Law Attorney
Posted about 14 years ago.
In theory, Mr. Chen's suggestion makes sense, but I have had many clients contact me after sending such letters to the collection lawyers and get no response or the response is a counter offer that they cannot afford. In my experience, if the consumer debtor wants to negotiate a settlement of the collection lawsuit, they should do it promptly and by phone, so if that does not result in a written settlement agreement, the debtor still has time to explore his or her other five options, per my web site's video.
Robert Stempler (please see DISCLAIMER above).