     Kanisha Rochelle Laffitte (Eclipse) | Wednesday, August 16, 2000 - 10:06 am 
I have a Sears and Discover acct. Sears- with a bal of $2200 is with an attorney; Discover- with a bal of $2600 is still with the collection agency. I have requested an accounting with both.
My questions are:
1. Do they have a certain amt of time to provide me with the verification?
2. If they can provide verification what do I do next?
3. If they do not provide verification what do I do next?
4. If the atty with the Sears acct does provide verification is it likely he will go through with the lawsuit even though he is only likely to get a judgment since I'm a full-time student and do not own any assets, or will he be more willing to try and settle with me?
5. With the amts of the cards, what is the least amt I should offer to pay along with them taking some of the negative payment history off the acct?
PLEASE HELP!!! |
| Shylock (Shylock) | Wednesday, August 16, 2000 - 01:33 pm
The first thing you need when negotiating anything is "walk away willpower." That is being willing to come to no agreement if the agreement they offer isn't going to work for you.
So first of all you need to sit down, take a deep breath and say, "I am willing to file bankruptcy if this attorney doesn't say what I want to hear."
Then you call up this attorney and tell him the same thing: You say, "I'm interested in settling this matter directly with you if we can reach a good agreement. Otherwise I'm just going to file bankruptcy."
You then listen carefully to what he has to say. You should be also be aware that Sears often repossesses any items you purchased from them during the bankruptcy proceedings, such as refrigerators, washing machines, power tools, whatever. |
