My question involves collection proceedings in the State of: Georgia
I received a few pieces of marketing mail from local attorneys offering their consultation assistance and stating that I may have recently been sued, but I have have yet to be served.
This was an unsecured CC from 5+ years ago. I would be willing to pay the amount which the original creditor charged off to return to good credit standings, but the office which purchased this debt is claiming I owe 2.5x what the original credit limit was. Now that they have filed suit, I expect even more fees to be added to their pursued judgement.
Should I contact the office which holds the debt and attempt to settle the debt with them (I have not spoken with a collector holding this account in 4+ years), or would I be better off retaining an attorney an attempting to fight or reduce the judgement in court?
Thank you for your time.