Perhaps its too late, but i am being sued for roughly 11k in MO. They filed suit roughly 2 years ago on debt i had stopped making payments about 1.5 to 2 years prior. My lawyer that I hired for the case said to expect around 40-75% on a lump some offering and then went quiet for about 1.5 years until the creditor refiled suit. He has just gotten back to me about 4 months later stating the creditor will only accept a lump sum of 8079 or 225/m for 36months until 8100 is paid for a satisfactory debt or whatever.
Are those my only options left? He previously asked what I could afford and I told him max would be about 7300 and he said he would negotiate with that in mind. I feel like he just went with the original highest possible payout that was stipulated 2 years ago. In his contract and didn't negotiate on my behalf. When I look online, it says 80% is typically the highest amount people pay on lump sum settlements.
Did I just hire a bad lawyer?
Thanks all for any help!