Legal Question in Credit and Debt Law in California
what is a 998 dealing with a law suit
I have a law-suit pending and the opposing party is trying to offer me a 998. what is this?
Asked on 5/07/04, 7:49 pm
2 Answers from Attorneys
Larry Rothman
Larry Rothman & Associates
Re: what is a 998 dealing with a law suit
A. C.C.P. Section 998 offer relates to a provision of the code related to costs and attorneys fees - if applicable. We can help you analyze whether an offer should be accepted or denied.
Answered on 5/09/04, 12:53 pm
Robert Liskey
Tyler & Wilson
Re: what is a 998 dealing with a law suit
It is a formal offer to settle the case. However, note that your failure to accept it can raise issues later. If you are represented by counsel, you should have him thoroughly explain all its potential implications.
Answered on 5/07/04, 7:53 pm
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