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NDA as a payment agreement


travisvn1
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I read on another forum about putting a NON-Disclosure agreement in your offer to settle basically saying that the creditor agrees not to discuss this the status of this account or this agreement with any third party to include CRA's. If the deal is accepted and paid then dispute the item on the CR. If they update or verify the info this would be a violation of the NDA. Has anyone heard of this or tried it?

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This is the "Backdoor PFD" I have been advocating for years. Usually in a settlement agreement the creditor will put a NDA. Just make it apply to both parties and as sweeping as possible, such as....

Both parties agree to keep all details of this matter, including all events that led up to this Settlement from the beginning of time to the date of this Agreement as strictly confidential and shall not disclose any information about this matter or account to any third party whatsoever.

Then you dispute the TL with the CRA. If they honor the NDA they say nothing and the TL comes off. If they verify the TL they violate the NDA and they get sued again.

Wash, Rinse and Repeat as often as necessary and as often as possible.

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