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Collections Law/INtent to sue letter
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Question
I recieve a letter from a lawyer saying that if I don't pay the whole amount I owe ($2500) or contact the lawyer to setup a payment arrangement, He is going to file a lawsuit against me. What should I do? Should I make payment arrangement because I can't pay them right now or shoul dI just wait it out?
you can attempt to make payment arrangements if you want. I'd be sure to gat any such deals in writing before I paid them anything at all. Even so, you also have to be sure that any such written agreements don't carry the words "stipulated agreement" or "stipulated" anything because if it does then they will immediately turn that into a judgment against you. That's an old lawyer trick they pull every chance they can. If they try that then you might just as well go to court and fight because you probably wouldn't come off any the worse for the fight.
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Answers by Expert:
Creditwrench
Expertise
Debt Collections law, Fair Debt Collection Practices Act (FDCPA), Fair Credit Reporting Act (FCRA), federal law, how to properly answer court summons for collection cases, how to prepare federal cases against debt collectors, how to deal with debt collection phone calls.
Experience
I've been an active consumer advocate for more than 40 years and have helped hundreds of people win cases against debt collectors as well as helping them defeat demands for summary judgment lodged against them by banks, debt collectors and defeat mortgage foreclosures and keep their homes.
Education/Credentials
Paralegal courses for the most part.
I have been teaching people how to deal with judgments, mortgage foreclosures and other such problems both on and off the internet for many, many years. I am a Richard Cornforth information provider ever since 2000 and worked with many other organizations and causes since 1980. I was Oklahoma State Chairman for the nationwide drive to defeat the Constitutional Convention which was proposed by various factions within our federal government such as the Council of State Governments and the National Organization of State Governors who were working hard to organize a Constitutional Convention to be held in 1995 for the purpose of rewriting our American Constitution to be more acceptable to the United Nations. I worked with Senator Charles Duke of Colorado and Senator Don Rogers of California and many others across the nation to keep them from getting the number of delegate states required to lawfully hold a Con-Con and we were successful. I have worked with many other legislative issues in Oklahoma and have always been very successful.
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