Legal Question in Credit and Debt Law in New Mexico
Collection Settlements
When I agree with a creditor for a specific settlement, how can I insure the remaining amount is not sold to another creditor?
Asked on 10/24/06, 11:48 pm
1 Answer from Attorneys
David Anderson
Anderson Business Law LLC
Re: Collection Settlements
You should have an attorney do an Accord and Satisfaction letter, which could be used as evidence of settlement.
Answered on 10/25/06, 7:16 am
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