Offer to settle

Discussion in 'Credit Talk' started by Doorknob, Jun 3, 2006.

  1. Doorknob

    Doorknob Member

    Hi, newbie here, but constant lurker until now.

    Recently had a ball battling a lawyer for a CA - however, I'm tiring of the fight. He called me the other day and asked what it would take to settle this thing once and for all. I told him I'd send a letter - I sent this ridicously low offer and they bit - about 10% of the total due - $500 on $5000 due wasn't too bad IMO.

    I created a stipulation of release letter, but I'm thinking I need to word it better. To the point where the account is settled, they can't resell, PFD - can anyone shed some light on exactly I can put this in writing?
     
  2. jtc79

    jtc79 Well-Known Member

    also include in you letter,when you pay this off, demand, dont ask it be deleted, and have them put it in writing, or dont pay it.
     
  3. Doorknob

    Doorknob Member

    Thats what PFD means - pay for delete.

    I have done everything in writing, CMRRR, so my butt is covered.

    Looking for a better way of wording my letter.
     
  4. jtc79

    jtc79 Well-Known Member

    hope it comes off for you doorknob!
     

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