Thanks for your reply.

I've since answered their claim, and filed a counterclaim for a sum of $9000 for violations of the FDCPA, FCRA, Deceptive Trade Practices (for collecting debt without a license in Nevada), and Fraud (stems for the Deceptive Trade Practices).

I received their answer in the mail yesterday, which seemed to be mostly BS, claiming in 20 different ways that I waived my right to the law in some contract with them, and that I failed to mitigate damages. Then today I received a call from their lawyer, and surprise, they want to dismiss the suit with prejudice provided I do the same. They will also report that the debt was paid in full, and remove any negative remarks they've maid from my credit report. They're supposed to send a draft for me to revise some time next week.

So, is there anything else I should be weary of? Anything else I should stipulate be done? The lawyer claimed that if they dismiss with prejudice they wouldn't need to specifically state that they wouldn't sell or transfer the debt, that the "with prejudice" took care of that, is that true?

Thanks again for your thoughts and comments.