Negotiate a Debt Settlement - debt settlement or go to court..pls help!!!!?

debt settlement or go to court..pls help!!!!?

I am being sued fo a debt that I owed dated back in 2005, I seeked the help of a financial consultant recently and was advised by them that they can help me with a settlement with the attorney office to about 80-90% of my debt. The only set back is that I have to pay them 1K for their service. Please advise if I should settle my debt in court or go through with the financial consultant company and get this over with? My court date is set in May but till now I have not received a summons from anyone. Supposedly they said that they had tried to reach me at my house but couldn't find me. Is there any way that I reach them to get my summons mail to me or I can pick up myself. I don't want them to go to my work. Is it eve possible for me to contact the attorney office and negotiate myself? Pls help!!!!!!!!!! thank you all!!! I owe the cc company right now $2090. The financial consultant is asking for $1000. They told me plus everything I probably would owe the attorney around $1500 additional to my debt. That would means I would be pay around $3500. The consultant told me he can get me to pay around $2800 or $3100 as an out of court settle. of course not including their 1k service fee. I am just not sure what I should do.....Should I go to court and ask for a monthly installment since each month what I have left is only about $300 max. Should I go with the expert and get this over with? Or should I contact the law office and negotiate for an out of court settlement directly? thank you for your reply btw. thanks all for your help. Well I did went to court and ask about the case...the clerk told me someone tried to drop off the summons to my house but they couldn't reach me, I assuming I was at work...anyhow, I asked her who issued and deliver the summons..court or the attorney office, and she told me that the attorney office. I manage to borrow some money, and well I contacted the attorney office and they're willing to settle my debt for 69% of it...I managed to borrow some money from a friend because I just want to get this over with and not deal with the law. Well, I paid off and they said they would drop all charges and such....I got a settlement letter from them and I've checking to see if my case has been dismissed but it still show pending...so Im going to continue to check and hound them day and night if my case does not get dismiss...LORD...one big lesson to learn...thanks all!!!

Public Comments

There is a lot of important information you did not include (understandably) that would be necessary to give you good guidance. One important consideration is how much money you owe, because you do not want to pay more for expert advice than the amount you owe. The best suggestion I can offer at this point is to seek the advice of an attorney who represents people in your position. Many attorneys will talk to you for a few minutes about your situation without charge.
Probably best to have a rest.looks like you can get some ideas here.http://debt-consolidation.featured-resources.info/consolidation-debt-loan-va.html
You can settle the debt even after judgement, but you don't want it to go that far. Do they know where you work? Do they know where you live? Who is telling you they missed you the collection agecy, or, attorney. Also, who needs a financial consultant, unless it is a lawyer, you can do better yourself. Collection attorneys will usually settle for 35-50 %, if you settle that high, 80-90%, you want a full deletion from the credit bureau. Are there any assets they can get, close all banking accts, or put in someones name, not yours, if judgement will go after your checking mainly. What are garnishee laws in your state. Texas and Pa. for instance forbid garnishees, Fl. head of a household w/children is exempt. Don't panic, that sounds like an old collection trick maybe not, who is telling you this slow down, calm down. I f you go to court, actually get a summons, the judge will tell you and the plaintiff to go in the back room and settle amongst yourselves, and most collection agencies or lawyers for them usually look for 50%. How can you have a court date in May if you have not received a summons, that sentence makes no sense. The last thing you want to do also is pick up a summons, this may be, and sounds like collection bluff. Contact National foundation for credit counseling, www.nfcc.org find out what is really going on, sound like a good collection agency , or attorney has you shaking before anything ever happens, and don't volunteer to be served helping them. How much is the debt, larger the debt, better the chance of you getting sued, if this is less than a thousand dollars I question of who ever is telling you this? Something wrong in Denmark, check back and let us know.........and yes you can settle yourself, also check the statute of limitations for suits, ther are a couple of states that have short ones like 3 years, if you haven't made a pmt in three yrs can't sue you.
This should be of interest to you - http://www.debt-advice-online.net/
Hi, I used "Credit Solution" to settle my debt and improve my credit score.They managed to reduce my debt up to 58%.It's legitimate.I came across this company on NBC News Special Edition.Check it out here: http://shortlinks.co.uk/4cl
Have you filed an answer to the summons with the court yet?? If not, even though you settled the account you still need to file an answer !!! If you had previously filed an answer before your agreement, then "you" need to take a motion to dismiss with a copy of the agreement and request the court clerk file it in your casefile !!! (do not depend on them to file their copy of the agreement !!) Unless the case shows dismissed up to or on the date of the hearing - then go to the hearing !!! Even though you came to a payment agreement with them and you paid: If you fail to file an answer they may continue with the case and try to get a default judgment against you. If you had filed an answer but they failed to stop the case after the agreement/payment, then they are probably hoping that you will not show up to prove to the judge that you have made an agreement and payment to them before the court date. (yes, they often do that) Their reasons for continuing the case is so that they will end up with a default judgment against you. If that happens, because you fail to answer the summons or go to the hearing, then they will be legally allowed to collect the remaining balance on the account plus court costs/fees and their attorney fees. If the judge doens't know about the prior agreement because you fail to respond or show and/or they fail to file the agreement/letting the judge know of the agreement and payment, ***then the judge "will" issue a default against you*** If you haven't filed an answer, file one and include in your answer that you and the Plaintiff have come to an agreement for X amount as payment in full. That you had paid the X amount as agreed. That you request the case be dismissed with prejudice. (include a copy of the agreement with your answer) **the above statement is "only" a bare bones example and should not be used as is - you need to read and use your states RCP (rules of civil procedures) as a guide in how to write up your answer** If you had filed an answer before the agreement/payment, then "you" should file a motion for dismissal, with prejudice, based on the agreement and payment. You might click on my profile and click on the last link I have listed. It is to a "free" credit discussion board where you will find links to your RCP, tips on how to write a proper answer to the summons and for the motion to dismiss, etc., etc. You can "freely" use "any" information found on the site and "freely" ask "any" questions you may have. Start reading in the Newbie Forum and then in the Credit Forum. You will also be able to learn (and ask) how to deal with the issues that you have brought up in the other questions you have asked on here.