Wheaton, IL asked in Collections for Illinois

Q: I have a summons for small claims court in illinois. The amount claimed is $6000 plus costs

What is a realistic settlement offer both realistic for me and the debt collector? I have no idea what to do! Last payment made 08/08 Chase was the original debt holder

Related Topics:
1 Lawyer Answer
Burton A. Padove
PREMIUM
Burton A. Padove pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
Answered

A: Without knowing more facts, it is hard to say. I have had situations where 25% was accepted, 50%/ 2/3rds if in lump sum payments. Other times, these have not been accepted. Sometimes a large payment and a payment plan works. Good luck.

Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.

The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.

Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.