The short answer to this question is yes, you can offer a full and final settlement for a debt with a debt collection agency. Quite often when I call a debt collection agency, I find that they will offer me a settlement figure for the balanced owed. Typically this is around 50% of the balance…
A Full and Final Settlement is an offer you make to pay off your debt for a fraction of the amount outstanding. Once you have made the payment, the rest of your debt is written off and you won’t have to worry about it any more. Sounds good doesn’t it? Where would the Debt Settlement…
In this post I look at settling debt and ways you may be able to achieve this. It could be that you have a lot of debt like myself, and some of that debt includes reasonably small balances. It can be a great motivator to settle one of your debts as it just feels good…