@Anonymous wrote:I am being sued by JPMorgan Chase. They sent the case to the law firm RAS Lavrar. The original debit is 12k, I have offered to pay a lump sum of 6k but they won't accept my offer. They are insisting that they won't accept anything under 10k. This amount seems excessive to me. Anyone delt with this law firm before? Will hiring an attorney help me negotiate a lower payment? I have never been in a situation like this before, so any advice would be appreciated.
The amount they are willing to settle for isn't excessive. You ran up the debt. Settling is about leverage and you have none. Even with an attorney. Unless the SOL for suit has expired. CHASE knows they have all the evidence they need to prove their case in court and get a judgment where they can collect not only the debt but court costs, attorney fees, and post judgment interest that in most states is 10% per year. As the original creditor they will have all the records they need and will not use an affidavit or need a live witness to attest to their own records or prove standing.
What state are you in? There are a few states that give their residents some added protections that might help.
Eventually your going to have to come to an offer and make payments. If/When it does go to court. You'll have a liason that will represent you as you make a deal. Papers signed and off you go. You dont want it to go down to wage garnishment and so on. And do show up whenever the date is. Your a little person taking on a major firm. They'll win either way.
