How it works
What if accounts won't settle? Will they sue?
Creditors do have the legal right to pursue a debtor in court of law to collect the debt. Usually this is a last resort after much effort to collect the debt without response or satisfaction. Taking a client to court is a costly and time-consuming activity which most creditors would prefer to avoid if given an alternative. If a creditor does take legal action, we continue to try and negotiate a settlement or payment plan; we also attempt to slow down the legal proceedings. While we cannot appear in court on your behalf, or provide legal advice, we can suggest legal representation to file the correct papers so we can continue the negotiation process.*
* Disclaimer - Individual results may vary and are dependent on successful completion of program and ability to save funds. ClearOne Advantage does not assume or pay any debt, nor does it provide legal advice or offer credit repair. Read and understand the contract terms before enrolling.
Tags: accounts, settlement, sue, legal
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ClearOne Advantage is an accredited member of (TASC) The Association of Settlement Companies. This trade association has developed a standardized industry disclosure for consumers. Membership in TASC as a vendor does not mean that TASC, its Board of Directors, or any of its member companies has approved or reviewed any of the business practices of the vendor. Each customer of this vendor should exercise their own diligence as to legal and business issues prior to use. |
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