infoseeker5x5 Posted October 8, 2008 Report Share Posted October 8, 2008 So Amex is asking for a "hardship letter" with my settlement offer for credit card debt. Should I be worried about what I put in this letter? If it's a settlement offer, will it be admissible in court even though I'm not negotiating with attorneys?Also, why do they want this letter when I'm trying to negotiate a debt settlement?Any help would be most appreciated! Thanks. Link to comment Share on other sites More sharing options...
swirlgirl Posted October 8, 2008 Report Share Posted October 8, 2008 They are asking for a hardship letter because you are asking for a reduced settlement. They are assuming you need to pay a reduced amount because you are experiencing financial hardship.Whatever you say in the letter should be the truth. Should you default on your agreement and there's a need to take you to court, the letter may come up again. Link to comment Share on other sites More sharing options...
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