RENEE Posted April 28, 2003 Report Share Posted April 28, 2003 I started thinking about my negotiation plan and than...., FROZE. Where do i begin the conversation (hi wha's up, oh please negotiate)? Who do i ask to speak with? Please help me understand the debt negotiation process. Link to comment Share on other sites More sharing options...
wert Posted April 28, 2003 Report Share Posted April 28, 2003 DON'T CALL.Get everything in writing. Just write a letter and say that you are trying to keep out of BK, you have learned your lesson, and you want to settle the debt. Tell them you'll pay them 40% of the balance and can have a check to them in 15 days (or some time frame).You need to pick a short time so the amount will sound urgent.Also, and very important, in the letter say that you want the debt reported as PAID IN FULL (not settled, or less than full amount, or anything else) and you want them to remove all lates.Make the letter strong, come at them with strength, make it sound pathetic but urgent!!Good luckAnd remember, EVERYTHING IN WRITING-NO CALLS. Link to comment Share on other sites More sharing options...
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