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SC Settlement question
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Author:  Toastedmuffin [ Wed Jul 20, 2016 11:58 am ]
Post subject:  SC Settlement question

My friends family is considering paying the balance of thier settlement off, my question is what happens after they pay the balance and have "done right" by PEP?

What should they expect to happen once it's paid off?

Author:  chrisavis [ Wed Jul 20, 2016 1:14 pm ]
Post subject:  Re: SC Settlement question

Toastedmuffin wrote:
My friends family is considering paying the balance of thier settlement off, my question is what happens after they pay the balance and have "done right" by PEP?

What should they expect to happen once it's paid off?


That should be laid out in the terms of the settlement. Regardless, have your friend call or email PEP.

Author:  JimHarrington [ Wed Jul 20, 2016 1:52 pm ]
Post subject:  Re: SC Settlement question

Toastedmuffin wrote:
My friends family is considering paying the balance of thier settlement off, my question is what happens after they pay the balance and have "done right" by PEP?

What should they expect to happen once it's paid off?


Chris is right...if there is something in the settlement agreement that specifies what is to be done, then that would govern.

If there's nothing to the contrary in the agreement, the general policy is to treat such a person like any other existing customer. We don't generally hold a grudge.

Author:  c. staley [ Thu Jul 21, 2016 10:54 am ]
Post subject:  Re: SC Settlement question

JimHarrington wrote:
We don't generally hold a grudge.
After the check cashes....

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