A good liquidation percentage in debt negotiations is generally within a range of 30 to 70% of the original amount of the debt. However, this range may vary depending on factors such as the age of the debt, the debt collector's policies, and your financial situation. Consider starting debt settlement negotiations by offering to pay a lump sum of 25% or 30% of your outstanding balance in exchange for debt forgiveness. However, expect the creditor to respond with a request for a larger amount.
If you are struggling with debt and need legal assistance, consider reaching out to a Personal Injury Attorney near Aiken SC who can help negotiate on your behalf. Personal injury lawsuits almost always end in settlements. In the U.S., only 4% to 5% of personal injury cases go to trial.