Legal Question in Credit and Debt Law in Texas

settlement with collection agency saying they are a law firm

i have a credit card debit of appx. 13,000. i have been

contacted by a collection agency concerning a settlement.

i have talked to four different people all wanting different

amounts of money, or a down payment with monthly payments,

they say if i dont pay the settlement it will go to arbitration, What exactly will happen? what steps will they take to get this resolved, i came up with the 3400. original settlement and then it changed to a different

amount, i dont want to send money if account wont be resolved, will they serve me and give me a court date or

automatically sue me without any notice? thanks for any

help you can give


Asked on 8/29/05, 3:34 pm

1 Answer from Attorneys
Peter Bradie Bradie, Bradie & Bradie

Re: settlement with collection agency saying they are a law firm

Write to them, certified mail return receipt requested, set forth your objections and demand that all further communications are to be in writing only.

Forget the telephone. Get it in writing.

Read more
Answered on 8/30/05, 1:10 pm


Related Questions & Answers

More Credit, Debt and Collections Law questions and answers in Texas