Aaron1124
Regular Member
In Washington State, does a creditor have to notify you in paper if they plan on initiating a civil lawsuit to collect on a debt?
I have some collection agency called "Tri Financial" and also goes by "Prism Resolution" trying to collect on a five year old debt from U.S. Bank. I have no problems paying it, but the payments have to be smaller than what they're asking for.
The agency said that they're willing to "settle out of court", but they have to report back to U.S. Bank with what option I choose, and they mentioned how U.S. Bank is willing to take it to civil court for a lawsuit if I do not pay it.
I'm not too familiar with the debt collection process, aside from the fact the junk debt collectors use a lot of B.S. schemes to try and inflict scare tactics into the debtor so they pay.
My question is, will the bank have to notify me in writing if they decide to file a lawsuit? How does this work, if it did end up coming down to it?
I have some collection agency called "Tri Financial" and also goes by "Prism Resolution" trying to collect on a five year old debt from U.S. Bank. I have no problems paying it, but the payments have to be smaller than what they're asking for.
The agency said that they're willing to "settle out of court", but they have to report back to U.S. Bank with what option I choose, and they mentioned how U.S. Bank is willing to take it to civil court for a lawsuit if I do not pay it.
I'm not too familiar with the debt collection process, aside from the fact the junk debt collectors use a lot of B.S. schemes to try and inflict scare tactics into the debtor so they pay.
My question is, will the bank have to notify me in writing if they decide to file a lawsuit? How does this work, if it did end up coming down to it?