The Attorney Surrenders

This Provanta Client is seventy-seven years old, on a fixed income, and has all the health issues one might expect.  One creditor sent their account to a collection attorney, subsequently suing the client for a delinquent debt of $7,265.00.  After court costs, attorney fees, and interest, the balance had inflated to $11,468.00 despite the numerous attempts we have made to settle since the client enrolled in early 2003.

At one point our negotiator was told they would only settle for 80% of the balance regardless of the clients limited income, health issues, and age.  After the attorney spent time and money to obtain a judgment against our client in 2007, they finally realized the client had no assets they could secure the judgment with.  Today we are happy to report that our clients account has been settled for $5,128.29 only 44% of the current balance and about 70% of the original balance, after five years of delinquency.

(Ref. 1522)

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