Legal Question in Credit and Debt Law in California

I was served the weekend before last for a debt that was bought/sold to an attorney trying to collect. The amount due is $3,400 including all the attorney's fees. I called attorney to negotiate, but when I spoke to a representative they said I could make payments (which I can't afford) instead of taking a flat amount of cash I have on-hand ($950). The representative is rushing me of course, telling me I'm running out of time and that I should act quickly to avoid any further charges.

I really can't afford their high monthly payments which turns out not to be a settlement at all.

Can someone give me advice on how to proceed?

Chuck


Asked on 1/31/13, 3:22 pm

2 Answers from Attorneys
Joel Selik www.SelikLaw.com

You might want to make your offer in writing, via email or fax.

You should look at your alternatives with bankruptcy and consider what they can get if you pay nothing.

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Answered on 1/31/13, 4:20 pm
Kelvin Green The Law Office of Kelvin Green

You may want to verify debt amount. You may want to familiarize your self with the Federal Fair Debt collection Practices Act and california equivalent as well...

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Answered on 1/31/13, 8:23 pm


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