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It's a win for me.. sort of


childofares
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As some know, I had filed arb with JAMS against Cap1 after a very bad court experience. Cap1 contacted me, (not WW andRthe lawyers) and said they would like to work something out. I cannot go into details here for nondisclosure reasons but We agreed on a sum about 1/8th what they were suing me for. I didn't even get a chance to offer (I was going to offer higher actually) as the extremely nice lady threw that number out there. I do have to say after dealing with Cap1 rent a lawyers it was refreshing to have someone be respectful and helpful. They also agreed to let me choose the day to pay them. Heck she was suggesting we set a date way after I was going to pay. She is fed-exing me the contract to look over and she also is supplying a trans of the convo. I already have one actually but whatever. So in a week or so Cap 1 is out of my life.

Barring any issues I would like to thank everyone here! I know there are some no longer here that also helped so even if they won't see this, Thank you! I would have been stuck with a SJ and most likely lost my car if it wasn't for the advice here!

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Guest chuckygee
As some know, I had filed arb with JAMS against Cap1 after a very bad court experience. Cap1 contacted me, (not WW andRthe lawyers) and said they would like to work something out. I cannot go into details here for nondisclosure reasons but We agreed on a sum about 1/8th what they were suing me for. I didn't even get a chance to offer (I was going to offer higher actually) as the extremely nice lady threw that number out there. I do have to say after dealing with Cap1 rent a lawyers it was refreshing to have someone be respectful and helpful. They also agreed to let me choose the day to pay them. Heck she was suggesting we set a date way after I was going to pay. She is fed-exing me the contract to look over and she also is supplying a trans of the convo. I already have one actually but whatever. So in a week or so Cap 1 is out of my life.

Barring any issues I would like to thank everyone here! I know there are some no longer here that also helped so even if they won't see this, Thank you! I would have been stuck with a SJ and most likely lost my car if it wasn't for the advice here!

Congratulations! Read the document carefully. One of the clauses releases Crap1 and all of its agents, attorneys from any liability into all perpetuity. So once you sign, it is all over. You cannot pursue any FDCPA violations. I signed because I wanted to be done with the whole thing.

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Congrulation on your forcing them to settle at a reasonable some. As stated previously read that agreement carefully, as you will indemnify them and release all claims.

Something to consider if your are going on a payment plan of any kind, if you miss or are late they will bring the whole debt back into play. This is what they are counting on. Look at from their perspective. They are setting up a new payment plan or lump sum at future date certain with us who have defaulted on our original debt's.

So what ever you deal is make sure you can perform and pay early and often send payments CMRR, so you have a record of when they recieved them, finally I would send only Bank Checks, nothing from my personal accounts, absolutey no EFT.

Given that you still used Arbitration for what you consider a Win, in your personal situtation!!!!

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