Here is a confirmation letter showing our average settlement for 50% of the clients existing balance. You will find settlements from as low as 12.75%, 24%, 38% and up in these actual letters.
"This letter confirms that Associated Recovery Systems is duly authorized to accept $3890.42 in settlement of the above-referenced account provided your payment reaches this office by 05-05-06.
This will also confirm chat no action has been taken against you or your credit rating by this agency. After settlement of your account, CAPITAL ONE F.S.B. will update your credit file to reflect a settled account status.
Your payment must reach this office by the due date or this offer will become null and void. To ensure your funds are received by the due date, Associated Recovery Systems accepts "Quick Check" by phone and Western Union "Quick Collect" (Code City: Coyote, Arizona). Your returned check may be collected electronically if the check is returned for insufficient or uncollected funds. If your bank fails to honor your check, this offer will become null and void."
