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Settlement Agreement
My question involves collection proceedings in the State of: California
Does the settlement of a debt., where a suit has been raised, have to be resolved with a written document? In other words to satisfy the statute of frauds.
If so, do you know where the authoritative pronouncement of this resides?
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Re: Settlement Agreement
An agreement to answer for the debt of another must be in writing; not an agreement in relation to your own debt.
What are the facts here? What's the dispute?