I AM TRYING TO SETTLE ON A DEBT(JUDGEMENT) AND THEY SENT ME A FINANCIAL STATMENT! MY HUSBAND AND I ARE SEPERATED AND THEY ARE ASKING FOR HIS INFO ALSO CAN I JUST GIVE THEM MY INFORMATION AND STILL SETTLE!|||This is a tricky situation. You never want to help the other side. Unless they have a court order specifically requiring you to provide your financial information, I'd be weary of voluntarily providing them with this information.|||I would do A LOT of research before I gave them any financial information. The can and probably did pull your credit report so they have some info already.|||If you actually don't have the information on your husband, and can't get it, that's not refusing to provide it.
Any settlement is going to be based, in part, on your ability to pay. If the settlement is based on false or incomplete information, you are giving the creditor the right to reopen the file and come after you for additional money. That means they can sue you all over again and get new judgment.|||Refuse. Some collection agencies and collection attorneys insist on such information, saying that their client, the credit card company, require it. They don't need it and I wouldn't give it to them in a million years.
If you ask them why they need it, they most likely can't give you a rational answer.
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