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how long do a creditor have to respond to a letter in the intent to settle a debt




There is no time limit. Still you can wait for 15-20 days.

Sub: #1 posted on Thu, 01/11/2018 - 15:41

SC SC
Moderators
(Posts: 3937 | Credits: 398.71)

It depends on the creditor. If you don't get any response from a long time, then talk in person or give a call.

Sub: #2 posted on Thu, 01/11/2018 - 18:50

sanderspatricia29 sanderspatricia29

(Posts: 683 | Credits: 71.47)

THere is no such limit, I agree with SC. Wait for 15 to 20 days, then give a call to them.

Sub: #3 posted on Mon, 01/15/2018 - 11:35

tiarajoseph11 tiarajoseph11

(Posts: 317 | Credits: 44.37)

After sending your settlement offer, give a call to follow up if you don't get any reply. Your behavior should show your willingness but at the same time you shouldn't hurry to finalize the offer.

Sub: #4 posted on Tue, 01/16/2018 - 19:13

Good Nelly Good Nelly
Industry Expert
(Posts: 2668 | Credits: 533.16)

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