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Originally Posted by Trish It really depends on who holds the judgment. I have heard that some companies will settle for less. It definitely doesn't hurt to try.
I tried to do that with Midland and they wouldn't budge.
As far as how much to offer.....that's going to be up to you. You may want to start a little less than what you want to pay and let them give you a counter offer.......and possibly meet them half way.
Sorry......don't feel like I was much help. Hopefully they will work with you though. Good luck. |
A collection goon pays pennies on the dollar why should you pay more.I'd start at 20% of the total and work your way up from there.Their is a magic figure that will help you settle.If they know that your serious about settling they'll come around.Don't let them know your trying to close on a house.