A Recent Case

On July 16th a new client retained my services to settle a pending lawsuit.  Today, less than 2 weeks later, he accepted the settlement I negotiated.  Here are the numbers:

$10,205 Debt
$7,000 Settlement

$3,205 Saved

This 2 week settlement is about an average turn around time whenever a creditor is willing to respond to offers in a timely manner.  Thankfully, that was the case here.  I had never dealt with the attorney for this creditor before so I was not sure what to expect.  She held out for considerably more than my initial offer but, after some back & forth, all parties benefited in the end.

It is also important to note this $7,000 settlement is a TOTAL amount.  Had the creditor prevailed with the lawsuit, they could have been awarded attorney's fees up to 1/3 the amount of the debt or $3,400.  Plus, it cost them over $200 just to file the lawsuit and they could have required a separate reimbursement.

This means my skilled negotiation efforts effectively saved my client in excess of $6,800!

As you may imagine, my client was thrilled with the savings and they can now concentrate on making money rather than dealing with this legal matter.  In addition to earning a nice fee, I am also happy to have helped my client through a tough situation.

Scott F. Soape

"Like" My Facebook Page

I finally got around to setting up a Facebook page for my company.  Please check it out through the below link and be sure to "Like" it when you get there.  Thanks!

https://www.facebook.com/pages/Scott-F-Soape-Associates-LLC/186201598098546?fref=ts