What is the tpical settlement amount on low balances...

who are the creditors? Most won't settle before you're 90 days late minimum.

I am also wondering if debt companies will settle for amounts less than $1000?! Anyone know?

I have been in a settlement program for a little over a year now, and noticed that my largest accounts ($22,000; $16,000) were getting the best and lowest settlements. My two smallest ones were more difficult. It seems the smaller ones do not want to give you much room. I had a $2500 account settle at around 75%, and a $5000 account settle at around 70%. These were for Target and Walmart though; they might have different strategies than the "Big Bank" cards.

small ones stink i agree with suzie q my larger ones were easier and had better settlements my small ones were stubborn and the settlements were not good at all. as a matter a fact my smallest one is the one who sued me. they refused to budge even a little.(citibank grrrr!)

HAHA, yes, both of these sued me as well. That's why I took the higher settlements, rather than monkey around with them.