I have mentioned on previous occasions that this can be a pretty fast process. Here's another example...
After a couple of phone conversations, my services were retained by a new client on Monday, March 9th to settle a pending lawsuit. After consulting with my client about his preferred payment guidelines, I emailed an offer to the creditor's attorney that same day.
Today, March 12th, just 3 days later, I received an email from the attorney indicating his client accepted the offer. He is now preparing the settlement documents. I am sending details of the settlement to my client along with an invoice for my fee.
As always, ALL parties benefited. My client is resolving this matter to his satisfaction (with better payment terms than he asked for), the creditor will be receiving money without further expense and effort and I earned a nice fee for my expertise.
Not all cases close this quickly but cases tied to pending lawsuits typically move fast.
Scott F. Soape
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