Debt Consolidation Forums Debt Consolidation and Debt Settlement forums

What is the maximum amount usually the settlement companies negotiate to settle?

member profile picture
Posts: 1
Credits: 26.1
[Donate]

What is the maximum amount usually the settlement companies negotiate to settle?




There is no such cap. How much do you owe?

Sub: #1 posted on Wed, 10/25/2017 - 15:40

SC SC
Moderators
(Posts: 3906 | Credits: 395.61)

Usually, there's no such cap. However, it should be such an amount that you can pay a certain percent of it. Otherwise, you'd have to file bankruptcy.

Sub: #2 posted on Wed, 10/25/2017 - 18:08

Mabelle Page Mabelle Page

(Posts: 128 | Credits: 12.35)

They can charge you based on the amount of debt you want to pay off.

Sub: #3 posted on Wed, 10/25/2017 - 18:37

sanderspatricia29 sanderspatricia29

(Posts: 558 | Credits: 58.49)

It'll depend on your total debt amount. Ofcourse..the debt settlement companies will negotiate with the creditors to get a good settlement offer, as low as possible.

Sub: #4 posted on Fri, 10/27/2017 - 10:19

tiarajoseph11 tiarajoseph11

(Posts: 274 | Credits: 39.57)

The settlement companies usually negotiate for relatively higher amount.

Sub: #5 posted on Thu, 11/02/2017 - 18:58

Good Nelly Good Nelly
Industry Expert
(Posts: 2645 | Credits: 530.34)

Attachment
More information
  • Files must be less than 1.25 GB.
  • Allowed file types: txt pdf jpg jpeg png.
Post as a guest
CAPTCHA
This question (Case Insensitive) is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Post as a member

Share post

Page loaded in 5.022 seconds.