What's the lowest amount you can settle a $10,000 credit card debt for with a bank?

by elycefeliz
Question by Rob: What's the lowest amount you can settle a ,000 credit card debt for with a bank?
I have a few delinquent credit card accounts, each with balances of around $ 10,000. What is the lowest amount you think I can negotiate with each bank to settle the debt for? One of my credit card accounts is with a collection agency also. Will a collection agency usually take less than a bank?

Do you think I can settle for less than 20% in either scenario? Thanks.


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