NSW Reduced debt settlement %

[justlikehoney]

What is the lowest % you have heard of that will be reasonably considered by a collection agency. The debt is for $25K, and is about 4 yrs old

 

[justlikehoney]

Sorry if that question isn't clear - I am trying to offer a settlement, and want to know what a realistic lump sum percentage would be?

 

[lawnow2019]

10%

 

[ee58]

Sorry if that question isn't clear - I am trying to offer a settlement, and want to know what a realistic lump sum percentage would be?

Hi, just wondering, did you end up making 10% offer? Was it accepted?