Household Debt Settlement Letters

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Household Bank debt settlement offer are difficult to come by as they do not routinely mail out letters to their cardholders with offers to settle.

However, Household accounts are routinely settled for less than the balance owed for clients who are able to meet the savings requirements of a debt settlement program. The settlement letter below is an example of an account where the client saved 65% off the balance. This example is also interesting because the debt was being collected by an attorney, which can be quite an intimidating experience for a debtor.

Household Settlement

Law firm: Law of Harrison Ross Byck
Date: May 10, 2010
Amount owed: $2903
Settlement amount: $1016.15
Settlement percentage: 35%

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