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Kt7, post: 261765, member: 75087 wrote:
I can pay $20k lump sum for settle ment but they want 49k

You owe them $53K, and they are happy to settle for $49K, be happythey are giving you a little lee way, you owe the debt pay up.

Kt7, post: 261765, member: 75087 wrote:
I have heard they take 30 to 40 % amount for lump some

Its a poor indictment of todays society that instead of thinking how can I pay my debts, you start thinking about how much they may settle for.

The sad thing it’s the honest business’s that live within their means, who end up paying for those who run up debts, with no consideration. IMHO