… I have 2 old debts that are in collections since 2019 and want to write a letter to the collections agency (Portfolio Recovery) requesting a settlement.
1. Has anyone here initiated the request and were you successful?
2. If so, what did you include and/or not include in your letter?
3. What is a reasonable percentage to offer if the full amount isn’t possible for me to pay?
4. Should I request removal from my credit report in this letter?
5. Should I list both accounts in the one letter or write & send a separate letter for each account?
5. Any other tips/advice you can offer?