I been writing back and forth with a lawyer about a debt. Our discussions were initiated when I receive a notice for Agreement for Judgement. I responded to the summons in writting with explaination an angreement to pay $40.00 weekly on the debt ($7,200) We have not signed any forms about aggreement for pay as of yet and I may have an opportunity to settle the debt. I last paid on this debt in November 2001 but due to a serious family matter was unable to may for a couple of months so I don't think the SOL will apply to me even if I open the account in 1995. I recieve my first notice from the attorney in February regarding this matter and as I said we have been writting back in forth about it. He did send as part of the summons a copy of my signed credit card application as valadation I guess. I would like to try an settle an may get money from a credit union I'm a member of to settle the debt but wonder how much (what precentage) is appropriate to offer - the attorney asked that I make an offer to him and he will present it to his client. Any suggestions.
