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Settlement Offer - Should I or should I not?


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Posted by thezenutz (63.214.255.195) on July 20, 2004 at 18:54:19:

I have an old account from about 4 yrs ago. I live in TX. Asset Accept. is offering 75% off of total balance as a settlement offer. Its inviting but I am unsure what to do. I can come up with the cash but if the balance will be sold off and this just goes from one ca to another then there is really no point other than to avoid getting sued. Whats the SOL for Texas and how can I get something in writing with a signature that states the remaining balance cannot be picked up by another company next year? I thought settled meant settled sort of like a lawsuit? From what I have been reading settled means postponed and thank you for wasting your money dumba$$!


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