This is a classic 35% settlement with one of the smaller credit card banks. It's
important to understand that settlement is a normal part of the collection
process, and it's not just the top few banks that settle.
Settlements in the range
of 35% to 50% (and often much lower) are usually possible with credit card debts
in general.
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.