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Debt Settlements!?

What would be a good amount to offer the debt companies that are calling me to settle my accounts that are in collections some offer 50% savings and other a little more. When do I know its a good deal?

This entry was posted on Friday, March 19th, 2010 at 3:24 am and is filed under Debt Repayment. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

2 Responses to “Debt Settlements!?”


  1. “Understand that during negotiations, your creditor/collection agent may want more than what you offer to pay…even if you offer 100%. I recommend offering much less than the full amount owed, somewhere in the neighborhood of 20 to 40% of the total owed. If your creditor/collection agent jumps on your first figure, chalk it up to good luck and take it. “


  2. Hi,
    I used “Credit Solution” to settle my debt and avoid bankruptcy.They managed to reduce my debt up to 58%.It’s legitimate.I came across this company on NBC News Special Edition.Check it out here:
    http://doiop.com/0t9hv3

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