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ALL VALUE RECEIVED TALKING TO CREDITORS BEFORE 100 DAYS TE SETTLE

Date: Sat, 06/27/2009 - 20:52

Submitted by anonymous
on Sat, 06/27/2009 - 20:52

Posts: 202330 Credits: [Donate]

Total Replies: 1


IS THERE ALL VALUE RECEIVED TALKING TO CREDITORS BEFORE 100 DAYS TO SETTLE FOR THE BEST % SETTLEMENT? Should I just ignore their calls and letters until I hit the 100-120 day mark?


If your debt is already 100 days past due, you can contact your creditors and negotiate with them to settle your account. Your settlement % age mostly depends on your negotiation skills. You can bring down your debts somewhere between 40 and 60% of the outstanding amount under debt settlement. There are also instances, where the debt has been brought down to 25%.


lrhall41

Submitted by SC on Mon, 06/29/2009 - 06:45

( Posts: 3937 | Credits: )