Legal Question in Credit and Debt Law in California
Negotiating with creditor to make full payment for a deliquent amount
I am trying to pay off debt that has gone to collections. What are the best steps to negotiate with them to lower the payment? Can I just send them a letter (& if so, does any one have a sample letter) or is it best to speak with them when they call?
I understand that I can probably negotiate a lower the amount instead of paying the full amount. But what is the best way to go about it.
Any advice is much appreciated. Thanks.
1 Answer from Attorneys
Re: Negotiating with creditor to make full payment for a deliquent amount
I would need to review your collection letter and receive from you a written summary of the case. Please fax it to me at 714 363 0229 and I will call you and provide you with free consultation on Monday.