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Focus (Forum & Focus)

Jun. 20, 2008

Courts Should Honor Settlements, Not Overturn Them

The California Supreme Court should overturn the 4th District Court of Appeal's recent 'Greentree' decision and instruct lower courts to respect the stipulations of parties when cases settle, writes David A. DeGroot. - Forum Column

FORUM COLUMN

By David A. DeGroot
This article appears on Page 6

      Our legal system should encourage settlement of collection cases and enforce the settlements parties reach. Creditors value cash more than the hope of collection and debtors can often get a substantial discount if they can pay cash. Because debtors often cannot pay cash up front, parties often agree to payment plans where a creditor may obtain a sti...

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