I had sent them a written agreement for debt settlement detailing the terms; amount to be paid, due date, requiring once settlement is paid account is final and closed and no further legal action will be taken on their part. They refuse to sign it. I don't feel comfortable moving forward with this without it. What should I do next? I've tried talking with the creditor but they say I need to talk to the law firm. I'm getting nowhere!
If you face debt collection you may choose to fight it and defend against garnishment. You may also seek debt settlement as a way to negotiate with creditors.
If you are unable to pay your debts, you may have an option of debt negotiation. Negotiating is less harmful to your credit rating than bankruptcy.
by attorney Nicole Dion
Here are some tips for negotiating a settlement with a debt collector or attorney. Do not be afraid to use them, because it can only assist you in... more