Displayed above is a 39.7% settlement that was negotiated with Redline Recover Services, LLC, another collection agency. This example shows that even with a collection agency, our debt settlement professionals are sometimes able to arbitrate a deal for below our average settlement.
Client Name: XXXXXXXXX
Original Creditor: SEARS - CITI-SEARS
Balance: $13,937.83
Account Number: XXXXXXXXXXXXXXXX
Debtor ID: XXXXXX
"Your account has been placed with our office for collections.
Our agency is authorized to settle your account for a reduced balance of $5,540.02.
You can settle this matter by calling us and paying by phone or sending your check or money order in the enclosed envelope along with one of the payment coupons on the attached sheet. In the event that you are unable to make this settlement payment within the acceptance period indicated, please call our office to discuss your account. It is possible to extend the acceptance period under certain circumstances.
Balance: $13,937.83
Settlement Amount
Acceptance Period Expiration: August 09, 2006"