Negotiating the Collections Lawsuit: The Creditor May Worry You Will File for Bankruptcy
by
Gregory Mark Fitzgerald on Nov. 28, 2018
Bankruptcy & Debt Credit & Debt Bankruptcy & Debt Collection Bankruptcy & Debt Bankruptcy
Summary: Even if you are not planning to file for bankruptcy and are open to negotiating a settlement, you may be surprised to find out how willing a creditor is to work with you.
"You may feel helpless as the walls of debt seem to be closing in on you, edging you closer and closer to the possibility of bankruptcy. As dramatic and scary as the situation may seem though, you are not alone—and millions of other consumers in the US feel the same pain, not to mention the over 44 million borrowers grappling with student loan debt now at a cumulative total of $1.5 trillion."
Read the entire article on the official Fitzgerald & Campbell, APLC blog.