what % will a collection agency take to settle a debt?

what % would an atty take of a medical bill if I can’t pay the entire amount?

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  • Several factors are involved: The age of the debt being the biggest one…if this is less than a year, they’d probably want close to the full amount. If the debt is over a year old, then try 25% and go from there.

    Your ability to pay it all up front is another big factor. Money talks with debt collectors. Make your best offer for what you can afford…..but make a low ball offer to start, like 25%. Get all terms in writing first, then pay.

    How to settle collection accounts: https://sites.google.com/site/creditdebtadviceonli…

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