After a couple of phone conversations, a company owner retained my services to settle a pending lawsuit on October 27th.
Some professional aggressive negotiations on my part over the next two weeks with the creditor's attorney resulted in a 20% discount on the amount claimed, with the settlement payable over a 48 month term at 0% annual interest. My client accepted the settlement on November 12th.
My client was pleased with the discount and manageable payment terms, the creditor is receiving money they may never have seen and I earned a nice $1,400 fee... all in only 16 days after starting negotiations. As usual, EVERYONE won.
Scott F. Soape
Wednesday, November 19, 2014
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