We were able to negotiate a great settlement for this account, but you did not have enough money in your account to satisfy the settlement in a lump sum, therefore, we are making monthly payment arrangements to them to satisfy the settlement amount. This could also benefit you in the way that we can begin negotiating with your other creditors to accelerate your program. We also like to do term settlements so that we can do more than one settlement at a time which is another win for you!
Was this helpful?