Does The Debtor Have To Have A Good Reason To Want To Settle?
The information on this page is meant to provide a general overview of the law. The laws in your state and/or city may deviate significantly from those described here. If you have specific questions related to your situation you should speak with a local attorney.
Additional Creditors Rights Articles
- Can A Debt Be Enforced If The Statute Of Limitations Runs Out?
- Can A Settlement Be Negotiated With A Creditor For Less Than Owed?
- Can unsecured debts be settled?
- What Is A Secured Collateralized Debt?