Can I or an attorney on my behalf make a settlement offer lower than the amount due?

The short answer is you can always offer and they are free to take it or say no. You can even make a settlement the minute before the jury sits...

Selected as the best answer

Willing to pay most/all of an old medical debt to erase claim from my credit report. How do I effect that?

The key is to offer them something better than they think they can get by normal collection methods. I would guess they would take 25% if you...

I am filling a mechanics lien, I have sent the letter of intent 10 days ago, what is next?

As the others have said, an attorney who knows this area is invaluable. Some mechanic's liens take priority over other liens, especially if they...

I was sued for a credit card debt but the company has very recently declared bankruptcy. What should I do to resolve things?

Your judgment was handled by attorneys so I would start by contacting them. The money you owe might be listed in the company's paperwork and may be...

I wish to file a judgment lien on vacant land owned by the debtor. I know I have to file the judgment and then the judgment

Mr. Lautin gave you very thorough advice. For any sort of real estate, you also want to record the lien on that property itself so that if it's...

How can doing a bankruptcy help us in leaving our home when we especially want to keep our current doctors? What does it cost?

The total amount of debt is taken into account but not really the status of the accounts. You can be current and still file the case. You can also...

What can I do, in need of some legal advice/help.

Between you and the car company, you still owe the money. Your option is to sue this friend and try to get your money back. Sounds like a lawsuit...

I have a lawsuit against me for $20000.00 which I cannot afford to pay, if bankruptcy is and option how much would it cost?

Bankruptcy fees are normally based on the amount of work and not necessarily how much the debt is. Also, the debt might be non-dischargeable if...

Selected as the best answer

Since 8-2004 we have paid over $42k in on-time student loan payments. The initial balance was $54,139, still owe more than $56.

A normal amortization schedule would not result in capitalized interest. Were you on an income contingent repayment plan? Can you go on one again?...

What can happen in court ?

Eventually they get a judgment and work on collecting on it through your bank account, your paycheck, or other assets. If you earn less than $450...

Selected as the best answer