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Debt Settlement Case Results

Numerous elements impact the final terms of any debt settlement agreement.  So past case results do not ensure a similar solution in your proceeding.  Nonetheless, we have secured the following outcomes on behalf of prior clients:

  • Bank of America, N.A. v. H.S.

    November 2021

    Credit card balance of $4,488.58.  Case settled for reduced sum of $3,050.00 satisfied via minimum installments of $59.17 per month, with a balloon payment of $2,700.00, providing seven (7) months to pay.  A savings of approximately $1,438.00, a 32% reduction.  Creditor represented by Lloyd & McD... Read On

  • Cleveland State University v. D.A.

    November 2021

    Tuition balance in the sum of $5,579.55.  Case settled via installments of $100.00 for six (6) months, and then $150.00 per month thereafter, providing thirty-nine (39) months to pay.  Creditor represented by Schuerger Law Group. Read On

  • Ford Motor Credit Co. v. F.D. & T.D.

    November 2021

    An auto loan deficiency of $9,522.12.  Case settled for a reduced pay-off of $7,500.00 via minimum installments of $250.00 over thirty (30) months.  Resulting in a savings of approximately $2,022.00, a 21% reduction.  Creditor represented by Keith D. Weiner & Associates Co., L.P.A. Read On

  • Capital One Bank (USA), N.A. v. M.F.

    October 2021

    Credit card balance of $7,292.97.  Case settled for reduced sum of $4,300.00 satisfied via minimum installments of $100.00 for twenty-three (23) months, followed by a $2,000.00 balloon payment.  A savings of approximately $2,992.00, a 41% reduction.  Creditor represented by Weltman, Weinberg & Re... Read On

  • American Express National Bank v. G.K.

    September 2021

    Credit card balance of $12.763.21.  Case resolved via minimum installments of $140.00 for six (6) months, $160.00 for six (6) months, and then $180.00 per month thereafter, with waiver of future accrued interest, providing more than six (6) years to pay.  Creditor represented by the Glennon Law F... Read On

  • OneMain Financial Group, LLC v. D.H.

    September 2021

    Loan balance of $3,909.54.  Case resolved for a reduced pay-off of $1,950.00, satisfied via minimum installments off $100.00 for six (6) months, followed by a balloon payment of $1,350.00.  Resulting in a savings of approximately $1,959.00, a 50% reduction.  Creditor represented by the Law Office... Read On

  • Tidewater Finance Co. v. M.B.

    July 2021

    An auto loan deficiency of $12,930.84, plus 19.95% interest.  Case settled for a reduced sum of $6,250.00 satisfied via an initial up-front lump-sum of $850.00, and minimum payments of $200.00 per month, followed by an increased installment of $500.00 every third (3rd) month, providing eighteen (... Read On

  • National Collegiate Student Loan Trust 2007-2 v. K.K., et al.

    August 2021

    Two (2) student loans in the sums of $33,917.50 and $6,610.87, resolved via discounted lump-sum payments of $12,028.00 and $2,472.00.  Resulting in a combined savings of $26,028.37, a 64% reduction.  Creditor represented by Javitch Block, LLC. Read On

  • OneMain Financial Group, LLC v. S.P.

    July 2021

    Loan balance of $13,157.48.  Case resolved for a reduced pay-off of $7,080.48, satisfied via minimum installments off $214.56 for thirty-three (33) months.  Resulting in a savings of approximately $6,077.00, a 46% reduction.  Creditor represented by the Law Offices of Stephen D. Miles. Read On

  • Jefferson Capital Systems, LLC v. N.H.

    June 2021

    Credit card balance of $2,768.42.  Case settled for reduced sum of $1,125.00 satisfied via installments of $75.00 over fifteen (15) months.  Resulting in a savings of approximately $1,643.00, a 59% reduction.  Creditor represented by Staff Counsel.   Read On

  • KeyBank National Association v. F.T.T., LLC, et al.

    June 2021

    Commercial loan balance of $48,429.98 plus 5.25% interest.  Case settled lump-sum of $30,000.00.  Resulting in a cost-savings of $18,429.00, a 39% reduction.  Creditor represented by Spengler Nathanson, P.L.L. Read On

  • Landmark Acceptance Corp. v. L.H.

    June 2021

    An auto loan deficiency of $14,242.04, plus 21.99% interest.  Case settled via minimum installments of $85.00 with interest reduced to 3%, providing more than fourteen (14) years to pay.  Creditor represented by Jones Law Group, LLC. Read On

  • Navy Federal Credit Union v. M.N.

    May 2021

    Four (4) different credit card balances combined in one (1) Complaint, and collectively totaling $33,972.75.  Case settled for reduced sum of $17,500.00 satisfied via an initial up-front lump-sum of $1,000.00, followed by minimum installments of $375.00 per month thereafter, providing forty-five ... Read On

  • American Express National Bank v. R.P.

    February 2021

    Credit card balance of $21,622.81.  Case settled for reduced amount of $14,875.00, satisfied via an initial monthly payment of $375.00, followed by subsequent installments of $1,250.00, then $2,750.00, and then $375.00 per each month thereafter, providing thirty-one (31) months to pay.  Resulting... Read On

  • Cadles of West Virginia, LLC v. R.H.

    February 2021

    Auto loan balance of $22,578.05.  Vehicle still in debtor's possession.  Case resolved for a total of $13,000.00 satisfied via minimum installments of $250.00 per month, providing fifty-two (52) months to pay.  Resulting in a savings of approximately $9,578.00, a 42% reduction, with vehicle retai... Read On

  • Crown Asset Management, LLC v. T.S.

    February 2021

    Credit card balance of $9,776.70.  Case settled via installments of $85.00 for nine (9) months, $95.00 for nine (9) months, $105.00 for nine (9) months, $115.00 for nine (9) months, and then $125.00 per month thereafter, providing more than seven-and-a-half (7 1/2) years to pay.  Creditor represe... Read On

  • Lormet Community Federal Credit Union v. T.S.

    January 2021

    An auto loan deficiency of $9,454.38, plus 5.25% interest.  Case settled via a lump-sum of $5,575.00, resulting in a savings of approximately $3,879.00, a 41% reduction.  Creditor represented by Weltman, Weinberg & Reis Co., L.P.A. Read On

  • AmTrust North America, Inc. v. W.L.

    December 2020

    Insurance subrogation claim for $215,509.28.  Resolved via an initial up-front payment $3,000.00, followed by installments of $1,500.00 for two (2) months, $750.00 for four (4) months, and then further installments ranging between $250.00 and $500.00 per month until the balance was satisfied, pro... Read On

  • Navy Federal Credit Union v. G.P.

    September 2020

    Two (2) credit card balances subject to concurrently pending Complaints in the sums of $35,584.52 and $19,681.40.  Collectively $55,265.92.  Resolved via a reduced pay-off totalling $13,800.00 in satisfaction of both accounts, paid via installments of $345.00 per month for a forty (40) month dura... Read On

  • GFS II, LLC d/b/a Gateway Financial Solutions v. R.R.

    March 2020

    An auto loan deficiency of $6,764.59.  Case settled via minimum installments of $60.00 per month, providing approximately twelve (12) years to pay.  Creditor represented by House Counsel. Read On

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Shamberg & Associates is committed to answering your questions about Bankruptcy, Foreclosure Defense, Breach of Contract Defense, and Debt Settlement. So contact us today for an Initial Free Consultation at (216) 691-7800.

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