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If you mean negotiating a settlement for a debt, it is possible. The best strategy is to "aim low" Offering a third of what is owed is a good place to start.
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Answers.com > Wiki Answers > Categories > Business and Finance > Personal Finance > Money Management > Loans > Is there a standard percentage that collections agencies generally accept?
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Dealing with collections agencies? Best way to deal with collections agencies? How do collections agencies decide whom to sue? Best methods for settling with collections agencies?
