topic Re: Need suggestions to stall CA's settlement offer in Rebuilding Your Credit

Need suggestions to stall CA's settlement offer

ForMyWife — Fri, 25 Jan 2013 05:37:07 GMT

We received a great settlement offer but won't have the money for at least 1 month. The letter says it expires in 20 days (now 14 days). What can I do to stall or draw this out until I get the money? Send a PFD?

Re: Need suggestions to stall CA's settlement offer

beb86 — Fri, 25 Jan 2013 05:40:10 GMT

ForMyWife wrote:
We received a great settlement offer but won't have the money for at least 1 month. The letter says it expires in 20 days (now 14 days). What can I do to stall or draw this out until I get the money? Send a PFD?

Counter with a PFD and that should buy you some time

Re: Need suggestions to stall CA's settlement offer

Kartel34 — Fri, 25 Jan 2013 08:20:42 GMT

Like I posted on your other thread..if you let the offer expire they might not offer you the same deal.

Re: Need suggestions to stall CA's settlement offer

maluba — Fri, 25 Jan 2013 08:52:30 GMT

Can you ask them to set up a payment plan? You can pay them a small maount until you get the money and then just pay it off.

Re: Need suggestions to stall CA's settlement offer

fishbjc — Fri, 25 Jan 2013 14:13:40 GMT

That has happened to me before.....they have always renewed the offer. Don't forget that anything over $600 saved will get you a 1099 (more than likely), so factor that in.

Have you DV'd this CA?