Connecticut Debtor Rights Lawyer Discusses Satisfying a Debt
Should I write “paid in full” on the check and will this protect me from further litigation?
I’m satisfying a debt in which litigation was threatened. I’m giving this individual,whom I don’t trust 100percent,a check for the full amount of the debt.
You would normally want the other party to sign a release that makes it clear that the payment is in full satisfaction of the debt and that they waive any and all further claims in connection with the debt. I recommend you hire a Connecticut Debtor Rights Lawyer to draft the release and protect yourself. The “Paid in full” does not indicate what debt is paid in full.
Are you looking to satisfy a debt in full? Contact dedicated Connecticut Debtor Rights Lawyer Eric Foster for guidance.