Jldquarterhorses Posted February 2, 2018 Report Share Posted February 2, 2018 I just got a summons from midland funding and forgot all about a old credit card when I moved. Now I have been summons to reply to a answer. My question is do you think they will do a one time settlement or do I need to fill out that paper for the court and send it back with a offer I honestly have no clue where to begin. I don’t have a problem paying it just need to do so in 1-3 payments depending on what they will settle for before court Quote Link to comment Share on other sites More sharing options...
BV80 Posted February 2, 2018 Report Share Posted February 2, 2018 Please copy and answer the questions in the following thread in order for us to better assist you. https://www.creditinfocenter.com/community/topic/242744-qs-to-answer-when-posting-in-this-forum-please-read/ Quote Link to comment Share on other sites More sharing options...
fisthardcheese Posted February 5, 2018 Report Share Posted February 5, 2018 Once you have been sued, you still must answer the lawsuit in court. If you decide to settle this, you should get the agreement in writing. However, since they have already sued you, I would venture a guess to say that the only payment agreements they will entertain will involve a consent judgement. If the credit card had an arbitration clause as part of the card agreement you can use arbitration and likely get Midland to go away for $0. Which card did you have? Quote Link to comment Share on other sites More sharing options...
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