Yes, as a courtesy. They know the debt isn't mine, but the former owner doesn't have to nickels to rub together so he has no ability to pay the debt. I am the guy stuck holding the bag and wonder is there is any way to negotiate with Amex short of ruining my credit rating by letting it go to collections or filing bankruptcy.
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I wonder if it possible to negotiate the dollars down. Do you handle bankrupties. I am thinking that if Amex could get some dollars versus me going into bankruptcy and them getting zero dollars - well, some would be better than nothing. Let me know if you do this type of negotiation.
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Doug, sorry I missed the Accept button. Anyway, thanks for assistance. It was helpful.
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