samsam Posted April 23, 2007 Report Share Posted April 23, 2007 I ended up settling one acct successfully on Friday, and today I am served with another summons from a different creditor -- Cap One and for approx 1300. Unlike my previous summons, it does not invite me to settle the suit. It does have a mediation form. My preference is to settle and get this behind me. I could pay the entire amount, but I see no benefit to me in that they have dinged my credit and from the stories I read here, will continue to do so. So, what are the Cap One collection attys like? How likely are they to accept a settlement and go away? Link to comment Share on other sites More sharing options...
chelseagirl Posted April 23, 2007 Report Share Posted April 23, 2007 You will be able to settle with Cap 1 lawyers. Just call. Link to comment Share on other sites More sharing options...
astiman Posted April 23, 2007 Report Share Posted April 23, 2007 Cap 1 settles. Just do it and move on....sometimes they settle for as little as 50%. Link to comment Share on other sites More sharing options...
samsam Posted April 23, 2007 Author Report Share Posted April 23, 2007 Thanks Chelseagirl and astiman! Your words sooth my already frazzled nerves. Link to comment Share on other sites More sharing options...
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