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jalea19138

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what percentage of debt does a company recover if given to collection agency?
wanting to make offer to law firm for outstanding balance and if collections is only going to pay them 40% of what I owe; I don't want to offer them more than what they would clear if they send the debt to collections

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The amount varies with the business and the collection agency.  There is no "set in stone" percentage   rate.  Please read the articles on this site to get a good idea of how to negotiate a 'pay for delete' arrangement, which you will do in writing and send via snail mail. 

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