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You may settle your case at any time prior to having the court make a decision (a judgment) by either: Paying the full amount of the debt (plus any fees, costs, and interest required) Negotiating to pay a lesser amount and having the other side agree to accept that amount as full payment.
Hear this out loud PauseSend a letter of demand to the debtor with the exact amount owed, detailed instructions on how to pay and a deadline by which to pay. Start court proceedings and give the debtor at least 14 days to respond.
Hear this out loud PauseOnce you receive the validation information or notice from the debt collector during or after your initial communication with them, you have 30 days to dispute all or part of the debt, if you don't believe that you owe it. If you receive a validation notice, the end date of the 30-day period will be specified.
Hear this out loud PauseThe creditor or its attorney will serve you with a court summons and a copy of the Petition after filing the Petition with the court. The summons lets you know that the creditor has initiated the legal process. Often, the summons will come from a third-party debt collector instead of the original creditor.
Is it Possible to Settle a Debt After Receiving a Summons? Yes, you can settle a debt after being served with a lawsuit by a creditor.