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Yes.. the should set up a payment schedule for the balance. * The best option is always to pay the full amount owed if possible. If doing such represent a hardship on the debtor and his or her dependents then it is wise to try for a settlement instead. All creditors are reluctant to pursue a lawsuit or take the chance of forcing the debtor into bankruptcy and are usually open to accepting a lesser amount than what is owed.

2006-07-25 00:08:08
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