Lender negotiation percentage
Date: Tue, 02/08/2011 - 00:51
I guess you want to settle your debts with the creditors/collect
I guess you want to settle your debts with the creditors/collection agencies. Normally, the creditors/collection agencies will settle your debts for 40% - 60% of the total debt amount. However, some creditors may settle for less that 40% even.
Hi! Welcome to the forums! Anna is right. If you want to know mo
Hi!
Welcome to the forums!
Anna is right. If you want to know more about debt settlement or debt negotiation, you can visit the following page:
http://www.debtconsolidationcare.com/debt-settlement.html
on an average the lenders will settle for 25-50% of the total de
on an average the lenders will settle for 25-50% of the total debt and sometimes as high as 75% and as low as 10%
it is difficult to give an exact time frame as it will vary from
it is difficult to give an exact time frame as it will vary from case tocase. However generally it may take three months or even 5 years
You should have some funds in your settlement account in order t
You should have some funds in your settlement account in order to start negotiation. If you give us more info about your situation you can do it yourself also