Negotiate Debt Settlement On Your Own // Insider Tips From A Lawyer
HTML-код
- Опубликовано: 21 июл 2024
- Settle your debt: www.solosuit.com/solosettle?m...
Respond to a debt lawsuit: www.solosuit.com/debt_answer?...
Make a motion to compel arbitration: www.solosuit.com/motion_to_co...
We wanted to know how to negotiate debt settlement with creditors and debt collectors, so we asked a lawyer, John Skiba:
0:00 Intro
0:46 Don't threaten bankruptcy unless you actually mean it
1:28 Give them reasons to accept your debt settlement offer, such as hardship
2:20 Tell them about any other debts you have
2:45 Be prepared for a counteroffer
2:54 Make a fair offer
4:34 Negotiate with the opposing attorney
If you want to settle your debt, making empty bankruptcy threats isn't the best move. Instead, illustrate your financial hardship and other obligations, such as tax debts or child support, which can affect a creditor’s ability to collect.
Make a realistic offer, and be prepared to receive a counteroffer.
BOUT: John Skiba has 21 years of experience in consumer bankruptcy and debt defense. He runs the @Consumer_Warrior RUclips channel and owns Arizona Consumer Law Group, PLLC: skibalaw.com/
excellent video - thank you
Glad it was helpful!
Need help to settle debts
I found your page/video on doing some research on how to negotiate with my existing cc that has a high balance where the interest rate is so high my $500 payments are not making a dent. What advice can you give me on how to negotiate for a lower APR besides maybe getting a balance transfer? Thanks!
Unfortunately, we cannot give legal advice due to federal law. Here is a general article on negotiating credit card debt: www.solosuit.com/posts/negotiate-credit-card-debts
Negotiate debt settlement: www.solosuit.com/solosettle?mkt=yt+negotiate+debt+settlement+on+your+own
Negotiable instruments
Nice!
So if I have credit card debt for around 20K, live and work in Texas with no wage garnishment, live in a rental apartment and no assets at all, what are they going to go after if they sue me? Will they sue?
I live in Texas and was sued by two third party debt buyers. I was able to beat the lawsuits on my own by conducting research on the topic. It maybe a bit more challenging to win an original creditor lawsuit but it’s still possible.
Even if you end up settling ,you still have to fight to get them to give you a good settlement rate.
They might still sue you, but if they realize they won't be able to garnish anything, they could end up dismissing the case. Learn more about what it means to be judgment proof here: www.solosuit.com/posts/judgment-proof-not-defense-lawsuit
Congrats on winning your lawsuits!
@@audreymay9378Hi I’m in Texas too and I’m about to start negotiations for a settlement. Do you have any advice on how I should start the conversation, like hi my name is, I want to do xyz? Or just anything that might help me get a low settlement
All you need to do is release the credits on the statement the part that they give you that says the payment is due ya look it up on robots and Patriots you can look up Patrick Devine you can look up Christopher Houser and they'll show you how to do it also never talk to them on the phone don't ever admit you have a debt and if they send it to somebody else to collect it you don't have any affiliation with that company that they send it to collect their debt.
All you do is use it as use a negotiable instrument this is what I seen this already lol
Cool