Small accounts, large accounts -- it's possible to settle either type.
Here is a
30% settlement on an account with a balance under $3,000, for a savings of $2,081.
This is not one of the larger credit card banks either, but as you can see from
the example, they were still motivated to cut their losses by settling for a nice
discount.
Note: The image file below is a scanned reproduction of a faxed original. The
client's name, address,
and account information have been deleted to protect their privacy. No other alterations have been made
in any way to the originals or the digital images.