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Being sued by a debt collector


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4 hours ago, Goody_Ouchless said:

"Negotiate" implies a two-way undertaking. In this case they will give you a lump sum "take it or leave it" offer. It will be a one-way conversation.

On my last lawsuit I gave a  lump sum "Best and Final Offer (BAFO)" after my first somewhat low first offer and their counter to it, I never budge again because that was my BAFO.  In the end they took it.  Since we didn't start at a "take it or leave it offer" that's negotiating correct? 

I had filed for arbitration and had something (whether you call it a bat or a carrot because of the MTC), we were going to a MTC hearing if they didn't accept my BAFO. 

  @JohnC7  You should check your CC agreement and see if you can file a MTC.  I settled for 25% after I was served because I filed an MTC. 

 

 

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