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Rules/Laws About Settlements?


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Posted by jeje (12.228.113.159) on July 24, 2002 at 11:18:54:

I think my 2 year old check situation may be coming to a close.

So, it turns out that the CA (in its infinite wisdom) sent me a collection letter for a check written to the _wrong_ company. They claimed Company A, but once I requested validation, they produced the check which was actually made out to Company B. Their mistake, a waste of my time, etc, but I do recognize the check.

I offered to settle for the FULL amount they requested on the condition that they delete the entry OR go purely positive with the entry on my report. With that condition being met, I agreed to refrain from suing them/filing a complaint over whatever misdeeds they committed whilst communicating with me.

Considering that I offered the FULL amount, are they somehow (even in an informal, good faith sort of way) obligated to accept my offer and give me what I want in the way of conditions?

a) How likely do you think it is that they will reject my offer of the FULL amount, just to keep their negative entry on my report?

b) If they choose to blow me off and sue me (just because they don't want to give in on my conditions), how likely do you think it will be that the judge will dismiss their case since I already offered to pay the FULL amount (in writing) long before any suit was filed and they chose to waste the court's time?

Thanks,
jeje




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