Settlement question

Discussion in 'Credit Talk' started by toothfairy, May 7, 2003.

  1. toothfairy

    toothfairy Well-Known Member

    I would like to make a settlement on 2 unpaid CO's that I have. Has anyone out there negotiated settlements on their own and if so how many cents on the $ did you offer. I need to try to figure out a # to throw at them 1st.

    Any advice appreciated. Thanks.
     
  2. QUEEN_BEE

    QUEEN_BEE Well-Known Member

    I would offer 20% of the balance and work your way up.
     
  3. toothfairy

    toothfairy Well-Known Member

    I don't suppose that they usually accept your 1st offer? That would be way too easy lol!
     

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