4 SETTLEMENT QUESTIONS
Thanks for the reply.
There is no assurance that credit card issuers will make a debt settlement offer before they are about to charge the debt off.
There is no standard percent discount. It depends upon the credit card company. The settlement percent actually depends upon the credit card company.
Once you've settled debt, the account will be reported as "paid as settled" or "paid as agreed".
Here is a phone number on an advertisement I got in the mail....it says debt settlement with out any taxation, no 1099c will be issued and that debt is settle at less than 50%. Is that even possible, or is it a scam?
I will not post the whole number because it may be against the rules. Here is the partial number.