I am being sued by Bowman, Heintz, Boscia & Vician for a Dell account. The letter from the court states I have 20 days to submit my reply; no court date. I will send my reply via certified letter to Bowman, Heintz, Boscia & Vician. I am hoping to negotiate. What is the typical percentage most places will accept? Is there any standard of offering to pay 70% and then consider the accout paid in full? At this point I don't feel I have anything to lose by negotiating.
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.