This is actually what the company I presently work for does all day long. We have the advantage of knowing that when a collection agency takes over a debt; they usually bought it off the original issuer at 10-15 cents on the dollar. So if you prove to either of them that you're willing to be enough of a headache and convince them they won't get anything otherwise, you can easily get settlements of 60, 50, sometimes 40 percent.
Of course, our company has lawyers, too, so we like to try and squeeze them down to 20 when we can.
Comments 2
Reply
Of course, our company has lawyers, too, so we like to try and squeeze them down to 20 when we can.
Reply
Leave a comment