Settle your debt: https://www.solosuit.com/solosettle?m...
Respond to a debt lawsuit: https://www.solosuit.com/debt_answer?...
Make a motion to compel arbitration: https://www.solosuit.com/motion_to_co...

We wanted to know how to negotiate debt settlement with creditors and debt collectors, so we asked a lawyer, John Skiba:

0:00 Intro
0:46 Don't threaten bankruptcy unless you actually mean it
1:28 Give them reasons to accept your debt settlement offer, such as hardship
2:20 Tell them about any other debts you have
2:45 Be prepared for a counteroffer
2:54 Make a fair offer
4:34 Negotiate with the opposing attorney

If you want to settle your debt, making empty bankruptcy threats isn't the best move. Instead, illustrate your financial hardship and other obligations, such as tax debts or child support, which can affect a creditor’s ability to collect.

Make a realistic offer, and be prepared to receive a counteroffer.

BOUT: John Skiba has 21 years of experience in consumer bankruptcy and debt defense. He runs the @Consumer_Warrior YouTube channel and owns Arizona Consumer Law Group, PLLC: https://skibalaw.com/