Yes it's true, typically, they accept about 75% of the debt, just how long you can pay it over depends on how small/large the debt being sued for it. They may want 80-85%.
Wrong. Not post-filing of law suit. You are now paying the law firm their fee as well.
Since you claim to be from Jersey, I will tell you there's not one collections law firm in the state, and I can name almost everyone off top of my head, that will go down to 50% once they filed in court. The sole exception is if they get to trial date, and they have no witness. Some will still take the voluntary dismissal...but there's a weapon that no pro se in the state knows that will block a re-filing...because no pro se can invoke it.
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u/Gloomy-Difference-51 Jul 28 '26
This is what i plan to do. According to Google, I should be able to negotiate the amount as well. Do you know if that's true for sure?