Hello, I got a letter from the debt collector saying that I have the opportunity to resolve my account for less than the full balance. They show the savings it would represent.
However they specifie "we are not obligated to renew this offer".
Since there is no deadline on this offer, I am wondering what does it assert legally and how long this offer is valid ?
You question is missing some important facts. Is the debt valid, has the statute of limitations expired, and if it is valid and enforceable, how much of it are you willing to pay right now to settle it?
Please submit a new question with this info.
Have you ever considered debt settlement?
What is your total unsecured credit card debt?
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