Legal Question in Credit and Debt Law in Illinois
court summons for debt owed
will they let me settle out of court, and if so, for less then the debt?
Asked on 4/21/08, 10:55 pm
2 Answers from Attorneys
Lesley Hoenig
Lesley A. Hoenig, Attorney at Law
Re: court summons for debt owed
It depends on the creditor. If it is a debt collector that bought the debt from someone else, they will probably be willing to settle. If it is an original creditor, the chances of settling is much lower. But it doesn't hurt to try. And whatever you do, make sure to appear at court.
Answered on 4/22/08, 8:37 pm
Thomas Moens
Moens Law Offices, Chartered
Re: court summons for debt owed
Possibly. You will have to ask them. Make sure you do not miss your court date no matter, otherwise a default judgment will be entered against you.
Answered on 4/22/08, 2:47 pm
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