Adjusting payment arrangement? Free advice!

Questioner

hello, my question is actually, our son has entered into a payment arrangement agreement for compensation, now it appears that the monthly amount is too high and he would like to pay a little less, is that possible, the other party does not want to know anything about it and answers with no... but it will really have to be lower because there are bills that remain outstanding. I would like to hear from you

Lawyer

Your son should request in writing that the apparently agreed term amount be adjusted. It is important that it is made clear that a reduction, given the debt burden, is also in the interest of the creditor concerned. A letter from a lawyer can often help in this context. He or she can make it clear what the (legal) consequences could be if the term amount is not adjusted. This may increase the chance that the creditor will cooperate. If you would like to discuss this, please feel free to contact us.