Weekly Settlement Statistics

For the week of April 28 – May 2

• Total Debt Settled – $190,576
• Total Settlement Amount – $95,421
• Settlement Percentage – 50.1%
• Total Cases Settled – 34

Best Settlement:

• Current Claim – $7,736
• Settlement Amount – $2,170
• Percentage – 28.1% (negotiated with an original creditor)

Worst Settlement:

• Current Claim – $10,985
• Settlement Amount – $7,800
• Percentage – 71% (negotiated with an original creditor)

Not often mentioned, but a hearty round of applause for the major credit card banks who recognized financial hardship, and voluntarily agreed to these settlement agreements in lieu of more forceful options at their disposal.

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