Freeport, NY asked in Consumer Law for New York

Q: I just recently paid off a settled credit card debt and received a stipulation discontinuing action to sign. Why? Also

I just recently paid off a settled credit card debt and received a stipulation discontinuing action. In the letter it states "It is hereby stipulated and agreed, by and between the undersigned, the attorneys of record for all the parties to the above entitled action, that whereas no party hereto is an infant or incompetent person for whom a committee has been appointed and no person not a party has an interest in the subject matter of the action, the above entitled action be, and the same hereby is discontinued without prejudice and without costs to either party as against the other." Why after I paid the settled amount would the attorney try to discontinue WITHOUT prejudice? To me it sounds like they want to somehow try to pursue the other portion of the balance somehow (even though its over 7 years old)

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1 Lawyer Answer
Michael David Siegel
Michael David Siegel
Answered
  • New York, NY
  • Licensed in New York

A: You are right. I should be with prejudice. Just cross it out and change it. Some paralegal is copying a form. As long as you have some writing the payment is payment in full and satisfied by settlement, you are really OK though. You want the case marked off.

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