Legal Question in Credit and Debt Law in California
What should I do to make sure a settlement goes smoothly?
I am trying to settle my credit cards and I've been talking to them on the phone. However I've told them that I want to get it in writing and that I will send a cashiers check. Should I ask for anything specific in the settlement letter to make sure they can't come after me later?
1 Answer from Attorneys
Re: What should I do to make sure a settlement goes smoothly?
You should make sure that the settlement agreement agrees to fully release you from any and all outstanding debt above what you agree to pay. It may be worth running it by an attorney for a quick review. I doubt though, that they will ever send you anything in writing.
Yours truly,
Bryan
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