2007-03-14 05:54:57 · 5 answers · asked by Anonymous in Business & Finance ➔ Credit
Medical and judgments are hit or miss meaning you can get 50 cents on the dollar or they can tell you to get bent. Credit cards usually 50 cents or less depending on the age of the debt.
2007-03-14 10:17:36 · answer #1 · answered by CALIFORNIA GOLD 3 · 0⤊ 0⤋
It depdends on the agency and how old the debt is. The older the debt, the greater the probability they will settle for less. The most I've seen is 50% off the original balance. The least is 20%.
2007-03-14 06:08:22 · answer #2 · answered by Celeste 6 · 0⤊ 0⤋
it's all depends on how old is the debt. you could bargain as much and pay as little per month but always settle.
2007-03-14 06:10:11 · answer #3 · answered by federico z 1 · 0⤊ 0⤋
depends on how much you owe and how long they have been trying to collect. if it's a lot and they've been messing with you for a long time they may be willing to settle for a whole lot less than what you owe.
2007-03-14 06:04:22 · answer #4 · answered by tom 2 · 0⤊ 0⤋
I got 20% knocked off of a medical bill when I paid it all at once. The account was not in default.
2007-03-14 05:58:42 · answer #5 · answered by Anonymous · 0⤊ 0⤋