Sued by Glasser and Glasser? How to Negotiate and Settle Your Debt

You don’t recognize the number, so you send it to voicemail. The message reveals a debt collector from Glasser and Glasser. Now you cringe every time the phone rings.

Are these calls legitimate? Can you make them stop? Don’t panic. You have options to resolve the debt and end the stress.

This guide shows you how to negotiate with Glasser and Glasser effectively.

Is Glasser and Glasser a Legitimate Company?

Glasser and Glasser is a legitimate law firm specializing in debt collection. Established in 1932, they handle debt recovery for major creditors.

The firm must follow the Fair Debt Collection Practices Act (FDCPA). This federal law protects you from abusive collection tactics.

They represent national banks, consumer finance companies, credit unions, and municipalities. While their tactics may seem aggressive, they must operate within legal boundaries.

You can check their Better Business Bureau page for reviews and information.

Who Does Glasser and Glasser Collect For?

Glasser and Glasser collects debts for major financial institutions:

• Bank of America
• Capital One
• Credit Acceptance Corporation
• Discover
• FIA Card Services
• Barclays Bank

What to Do When Glasser and Glasser Calls You

Repeated phone calls create stress. Understanding your rights makes all the difference.

Stay calm and take detailed notes. Record the date, time, and caller’s name. Write down every detail about the debt they claim you owe.

Information You Should Request

Ask for these specific details during the call:

• The original creditor’s name
• Glasser and Glasser’s mailing address
• Names of all parties involved in collecting
• The date the debt originated
• The date of your last payment
• The total amount owed

Admit Nothing Over the Phone

Never admit ownership of the debt during the call. Accepting responsibility can waive your right to dispute or negotiate better terms.

Never share personal or financial information over the phone. Legitimate collectors already have your basic information.

Send a Debt Validation Letter

You have the legal right to verify any debt. Send a Debt Validation Letter requesting written confirmation.

They must provide a document showing:

• The original debt amount
• Payments you’ve made
• The remaining balance
• Any additional fees
• Information about the original creditor

You have 30 days after receiving validation to dispute the debt. They cannot continue collection activities until they verify the debt.

Keep Everything in Writing

Request that all future correspondence be in writing. Email works well for faster communication while maintaining documentation.

Written records protect you if disputes arise later. Save every email, letter, and document related to this debt.

How to Settle a Debt with Glasser and Glasser

Settling your debt can save you time, money, and legal complications. Follow these steps to negotiate effectively.

Step 1: Verify the Debt

Confirm the debt belongs to you. Check that the balance is accurate.

Mistakes happen frequently with debt collection. Common names and account errors create confusion.

Put your concerns in writing. Request full verification from the collector.

Step 2: Calculate What You Can Afford

Review your income and expenses honestly. Determine what you can realistically pay.

Collectors prefer lump-sum payments. They’re more likely to accept lower offers for immediate payment.

Consider this strategy: offer small monthly payments leading to a larger lump sum. For a $7,000 debt, you might offer $100 monthly for five months, then $4,500 in month six.

This approach gives you time to save for settlement. It shows good faith while working toward resolution.

Step 3: Initiate Negotiations

Contact Glasser and Glasser directly to start negotiations. Our partner Solo offers an online portal for structured negotiations.

Explain your financial situation clearly. Have your income and expense details ready.

Expect counteroffers. Negotiations typically involve multiple rounds before reaching agreement.

Be patient but persistent. Don’t accept terms you cannot afford.

Step 4: Get the Settlement Agreement in Writing

Never rely on verbal agreements. Demand written documentation signed by both parties.

The agreement should specify:

• The settlement amount
• Payment terms and schedule
• Confirmation that this resolves the debt
• Statement that no further collection will occur

Keep copies of everything. Request a confirmation letter when the debt is satisfied.

Step 5: Make Payments on Time

Stick to your agreed payment schedule. Missing payments can trigger wage garnishment or property seizure.

Contact the collector immediately if you cannot make a payment. They may offer alternatives.

Keep records of all payments. Monitor your credit report to confirm the debt shows as resolved.

Our partner Solo helps you track payments securely and maintain documentation.

What If Glasser and Glasser Takes You to Court?

Some debts escalate to lawsuits. You still have options to protect yourself.

Never ignore a lawsuit. Missing your court date results in default judgment.

Default judgment gives Glasser and Glasser the right to garnish your wages. You’ll also owe court costs and attorney fees.

How to Respond to a Lawsuit

Follow these three steps to answer the lawsuit:

1. Answer each claim in the Complaint document. Deny as many claims as possible to strengthen your case.
2. Include affirmative defenses. List all legal reasons why Glasser and Glasser lacks a valid case. The statute of limitations is a common defense.
3. File your Answer with the court. Send a copy to Glasser and Glasser within your state’s deadline.

You typically have 14-35 days to respond, depending on your state. Our partner Solo can help you prepare and file your Answer in all 50 states.

Real-World Example

When Judy got sued by Capital One, she discovered Glasser and Glasser represented the bank. She filed an Answer to avoid default judgment.

She then negotiated online until they agreed to settle for 75% of the original amount. The written agreement was filed with the court, and her case was dismissed.

Protect Your Rights Against Glasser and Glasser

Debt collection doesn’t have to control your life. You have legal protections under the FDCPA.

Document everything. Never admit to debts without verification. Negotiate from a position of knowledge and strength.

Whether you’re facing calls or a lawsuit, taking action now prevents worse consequences later. Get your settlement in writing and stick to your payment plan.

You can resolve this debt and move forward with confidence.