Debt Collectors DON'T Want You To Know This

 Published On Mar 30, 2024

Settle your debt outside of court: https://www.solosuit.com/solosettle?m...
Respond to a debt lawsuit: https://www.solosuit.com/debt_answer?...

Have you been sued for debt? Do you want to avoid going to court?

Guest what... Debt collectors want to avoid court too.

In this video, we interview attorney Sarah Wolk about how you can avoid going to court and reasons that debt collector want to avoid going to trial.

0:00 Intro
0:47 Do creditors and debt collectors want to go to court?
1:12 Creditors and debt collectors want to settle
1:47 Both sides have to compromise, but avoiding trial makes both sides happier
2:15 Wrap up

Here's a brief summary of what we learned in our conversation with a debt lawyer about settlement:

Despite having a strong case, the unpredictability of trial outcomes makes settlement a safer option for both parties in a debt lawsuit. Settlements require compromise, and while it's impossible to force a settlement, open and reasonable communication can lead to mutually agreeable solutions.

Pursuing a trial can be costly, time-consuming, and uncertain. Many debtors who push to fight a case end up feeling regret for not settling when confronted with the high costs and unpredictability of court proceedings.

Overall, settlement is typically a wise choice to consider if you've been sued for debt.

ABOUT: Sarah Wolk is the Managing Partner and founding Partner at Wolk & Levine, LLP, a boutique law firm providing quality legal services to individuals and businesses in a diverse range of practice areas throughout California.
Website 👉👉 https://wolklevine.com/

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