Does The Debtor Have To Have A Good Reason To Want To Settle?

If the account is paid current and there is no recent history of late payment, it will be difficult to convince the creditor that it is in their best interest 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.

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