scheflera Posted January 25, 2008 Report Share Posted January 25, 2008 My husband was just served with a summons with regards to an unsecured loan that is delinquent. He has not paid on this loan for 8 months and the balance is about 9,000. Do creditors usually negotiate at this point or are we doomed? Link to comment Share on other sites More sharing options...
CarolinaBlueEyes Posted January 25, 2008 Report Share Posted January 25, 2008 you need to be careful.. and we need more info.. such as who is sueing.. yes they can negotiate however you also have some rights as well.. for example I assume this is with the SOL.. what type of debt is it.. etc.. lots of reading on this board regarding the negotation process, also listing your home state is helpful as well Link to comment Share on other sites More sharing options...
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