Posted on: 23rd Oct, 2012 01:57 pm
Hello,
I have negotiated a settlement on my charged off 2nd at 10% and received an offer letter from the atty/ca but it does not include any details as to what they will do after the monies are received.
What details should I require to be included in the settlement offer letter before paying it off?
"Paid in Full shall be reported to all three credit bureaus"
"Any/All liens shall be released"
"All litigation shall be dismissed"
Are these appropriate? Is there anything else I should include?
Thank you,
Scott
I have negotiated a settlement on my charged off 2nd at 10% and received an offer letter from the atty/ca but it does not include any details as to what they will do after the monies are received.
What details should I require to be included in the settlement offer letter before paying it off?
"Paid in Full shall be reported to all three credit bureaus"
"Any/All liens shall be released"
"All litigation shall be dismissed"
Are these appropriate? Is there anything else I should include?
Thank you,
Scott
Hi Scooby!
Welcome to forums!
The 3 statements which should be mentioned in the settlement offer letter is correct. I don't think you need to include anything else.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
The 3 statements which should be mentioned in the settlement offer letter is correct. I don't think you need to include anything else.
Feel free to ask if you've further queries.
Sussane
Thank you!
You're welcome!! Good to note that the forum was helpful for you!! :)