how do I settle my debts?
(San Clemente CA)
If a relative is willing to lend you money to pay your debt to creditors at a reduced amount what is the best way to present this to the creditors? What is the best approach to take to get the debt reduced as much as possible? Do you then just send them a check for the agreed amount and is there something you should ask for in writing to protect you from the debtors coming back to you at a later date? Is there wording I should ask for that releases me from any future deficiency?