Debt Settlement
Can You Settle Debt After a Judgment?
Yes, you can settle debt after a judgment. At the end of the day, collectors want to recover on the amount owed, even if it's only a percentage of the total.
Debt Collection Blog
Debt Settlement
Can I Make Monthly Payments on a Settlement?
Many debt collectors require settlements to be paid as lump sums. However, there’s no harm in asking if the collector would accept a settlement in installments.
Debt Settlement
Should I Settle With a Debt Buyer or the Law Firm?
Settling before a lawsuit—while the debt is still with the collector—can offer more flexibility than waiting until it’s sent to a law firm.
Debt Settlement
How to Calculate a Debt Settlement Offer
How to calculate a debt settlement offer involves many factors: the total amount owed, the funds you have available, when the debt became delinquent, and more.
Debt Settlement
Settlement Percentage Chart by Debt Type
40% to 60% is usually a viable range for debt settlement negotiations, but many factors play in to the final settlement amount. The type of debt is one of them.
Debt Settlement
How Do Creditors Decide to Accept Settlement?
Creditors weigh delinquency, hardship, age of debt, bankruptcy risk, and your ability to pay. Lump sums and older debts often increase settlement odds.
Debt Settlement
Lump Sum vs. Payment Plan for Debt Settlement
Paying a defaulted debt in full is usually the best option. However, if you can’t pay in full, payment plans and lump sum settlements are close seconds.
Debt Settlement
How Much Will Creditors Accept After Judgment?
After judgment, creditors often accept 40–70% in a lump sum or 70–90% on a payment plan, depending on your finances and their ability to collect.
Debt Settlement
The Complete Guide to Debt Settlement (2026 Edition)
Debt settlement lets you pay less than you owe to resolve debt. It may hurt credit but can help avoid lawsuits. Always get terms in writing.
The Debt Hotline
Attorney Explains How Statute of Limitations on Debt Works
The statute of limitations on debt is the deadline by which creditors must file a lawsuit to collect. After this period expires, you can use it as a defense.
The Debt Hotline
How Bankruptcy Affects Your Credit Score
Bankruptcy can boost your credit if you're behind—scores often hit the 600s in 1–2 years and can even increase to the 700s in 2–3 years.
Other Debt Resources
What to Expect If Your Debt Case Goes to Court
If your debt case goes to court, expect a brief hearing where the plaintiff must prove the debt is yours. Bring evidence, defenses, and consider settling first.