Old accounts in collections are often the easiest to settle.
Accounts that have been charged off or sent to collections can feel like a lost cause. In reality, they are often the easiest debts to settle for far less than the balance.
What collections & charge-offs actually involves
When a creditor charges off your account, they write it off as a loss and often sell it to a collection agency for pennies on the dollar. That means the collector who now owns it paid very little and has massive room to negotiate.
Charge-offs and collections damage your credit, trigger constant calls, and can lead to lawsuits. The sooner you address them, the better your negotiating position. Old debts nearing the statute of limitations are especially ripe for settlement.
A collections relief program handles the harassment, the negotiation, and the payment. You make one monthly deposit. Your specialist contacts each collector, validates the debt, and negotiates a reduced payoff that you approve before any money changes hands.
What is typically included
Signs you need it
- You receive daily calls from collection agencies
- You have been sued or threatened with a lawsuit
- Your credit report shows multiple charge-offs
- Collectors are calling your family or employer
- You do not recognize some of the debts
- You want to clean up your credit before a major purchase
What affects the cost
- Original debt amount and how much the collector paid
- Age of the debt and statute of limitations status
- Whether the collector is the original creditor or a debt buyer
- Your ability to save a monthly settlement amount
- Whether a lawsuit has already been filed
- How many accounts are in collections
We do not publish dollar figures because every project is different. Comparing local quotes is the only reliable way to know your real cost.
Our collections & charge-offs process,
step by step
We do not push you toward any one contractor. We match you with vetted local pros and give you the information to choose well.
- 01Step 1 of 5
List your collection accounts
Share all collection notices, credit report entries, and lawsuit documents you have received.
- 02Step 2 of 5
Get matched with a collections expert
We connect you with partners who specialize in handling aggressive collectors and old charge-offs.
- 03Step 3 of 5
Validate and stop harassment
Your expert sends validation requests and cease communication letters. Illegal tactics are documented for legal action.
- 04Step 4 of 5
Negotiate settlements
Collectors are approached with offers. Many accept 30 to 60 percent of the balance. You approve every deal.
- 05Step 5 of 5
Resolve and rebuild
Paid settlements are reported to credit bureaus. The calls stop. You can begin rebuilding your credit.
No payment, no signup, no obligation. You stay in control of every decision.
Collections & Charge-Offs questions, answered
Ready to talk to vetted collections & charge-offs pros?
Now that you know what is involved, get free quotes from licensed local contractors. Two minutes to start. No obligation.