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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:

  • Discover Bank v. J.J.

    May 2024

    Credit card balance of $7,339.49.  Settled for a lump-sum of $3,700.00, providing a savings of approximately $3,639.00, a 49% reduction.  Creditor represented by Weltman, Weinberg & Reis Co., L.P.A.    Read On

  • OneMain Financial Group, LLC v. T.C.

    May 2024

    Loan balance of $5,017.88, satisfied via installments of $40.00 for ten (10) months, $52.50 for ten (10) months and then $65.00 per month thereafter, providing seven (7) years to pay.  Creditor represented by Levy & Associates, LLC. Read On

  • City of Cleveland v. C.H.

    May 2024

    Balance of $21,082.09 due pursuant to the City's demolition of a residential structure.  Settled for a lump-sum payment of $8,050.00.  Providing a savings of approximately $13,032.00, a 61% reduction.  Creditor represented by Douglass & Associates Co., L.P.A. Read On

  • OneMain Financial Group, LLC v. M.R.

    May 2024

    Loan balance of $5,830.20.  Settled for $3,300.00, satisfied via installments of $137.50, providing twenty-four (24) months to pay.  A savings of approximately $2,530.00, a 43% reduction.  Creditor represented by Levy & Associates, LLC. Read On

  • Citibank, N.A. v. L.M.

    May 2024

    Credit card balance of $9,166.56, settled for a lump-sum of $5,500.00.  A savings of approximately $3,666.00, a 40% reduction.  Creditor represented by Stenger & Stenger, P.C. Read On

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

    May 2024

    Auto loan deficiency of $14,999.99  Settled for $5,660.00, satisfied via an initial payment of $1,100.00, followed by installments of $95.00 per month.  Providing four (4) years to pay, and a savings of approximately $9,339.00, a 62% reduction.  Creditor represented by In-House Counsel. Read On

  • Cavalry SPV I, LLC v. L.H.

    May 2024

    Credit card balance of $8,362.21.  Settled for $3,600.00, satisfied via installments of $120.00 for thirty (30) months.  A savings of approximately $4,762.00, a 57% reduction.  Creditor represented by Levy & Associates, LLC.  Read On

  • Credit Corp Solutions, Inc. v. T.M.

    May 2024

    Credit card balance of $5,902.12.  Settled for $4,750.00, satisfied via installments of $60.00 per month.  Providing six-and-a-half (6 1/2) years to pay, and a savings of $1,152.00, a 20% reduction.  Creditor represented by Stenger & Stenger, P.C Read On

  • Burton Carol Management, LLC v. O.M. & A.M.

    April 2024

    Rental deficiency of $15,760.54, settled for lump-sum of $10,000.00.  A savings of about $5,760.00, a 36% reduction.  Creditor represented by Powers Friedman Linn, PLL. Read On

  • Citizens Bank, N.A. v. A.Y.

    April 2024

    Credit card balance of $10,383.57, settled for a lump-sum of $4,000.00.  A savings of about $6,383.00, a 61% reduction.  Creditor represented by Lloyd & McDaniel, PLC. Read On

  • Bank of America, N.A. v. B.S.

    April 2024

    Credit card balance of $23,508.72.  Settled for $14,500.00, satisfied via an initial payment of $2,000.00, then installments of $250.00 per month, and a final payment of $1,000.00.  Providing four (4) years to pay, and a savings of approximately $9,008.00, a 38% reduction.  Creditor represented b... Read On

  • Capital One, N.A. v. J.A.

    April 2024

    Credit card balance of $6,697.32.  Settled for $4,240.00, satisfied via installments of $400.00 down and $109.72 per month thereafter.  Providing three (3) years to pay, and a savings of about $2,457.00, a 36% reduction.  Creditor represented by Lyons, Doughty & Veldhuis, P.C. Read On

  • Credit Acceptance Corp. v. F.B.

    April 2024

    Auto loan deficiency of $7,969.24.  Settled via installments of $65.00 for twelve (12) months, then $75.00 for twelve (12) months and then $85.00 per month thereafter.  Providing eight-and-a-half (8 1/2) years to pay.  Creditor represented by Levy & Associates, LLC. Read On

  • Barclays Bank Delaware v. J.N.

    April 2024

    Credit card balance of $2,886.13.  Case settled for reduced sum of $2,275.00, satisfied via minimum installments of $94.80 for twenty-four (24) months.  A savings of approximately $611.00, a 21% reduction.  Creditor represented by Lloyd & McDaniel, PLC. Read On

  • OneMain Financial Group, LLC v. T.W.

    April 2024

    Loan balance of $10,242.34.  Settled via minimum installments of $75.00 for eighteen (18) months, $90.00 for eighteen (18) months, and then $113.63 per month thereafter.  Providing almost eight-and-a-half (8 1/2) years to pay.  Creditor represented by Levy & Associates, LLC. Read On

  • American Express National Bank v. N.H.

    April 2024

    Credit card balance of $8,553.28.  Settled for $5,200.00, satisfied via an initial payment of $1,040.00, followed by installments of $120.00 for thirty-four (34) months and then a final payment of $80.00.  Provided three (3) full years to pay with a savings of about $3,353.00, a 39% reduction.  C... Read On

  • Crown Asset Management, LLC v. E.A.

    April 2024

    Credit card balance of $2,496.26.  Settled for $1,500.00, satisfied via installments of $62.50 over twenty-four (24) months.  A savings of about $996.00, a 40% reduction.  Creditor represented by Levy & Associates, LLC. Read On

  • Confidential Agreement With a Major Lending Institution

    April 2024

    Default business line of credit.  Settled via a lump-sum payment resulting in a 68% reduction. Read On

  • Cavalry SPV I, LLC v. T.W.

    April 2024

    Credit card balance of  $3,074.77.  Settled for a reduced sum of $1,300.00, satisfied via an initial payment of $175.00, followed by installments of $75.00 for fifteen (15) months following.  A savings of approximately $1,774.00, a 57% reduction.  Creditor represented by Javitch Block, LLC. Read On

  • Capital One, N.A. v. C.P.

    March 2024

    Credit card balance of $2,165.02.  Settled for a lump-sum of $1,100.00, providing a savings of about $1,065.00, a 50% reduction.  Creditor represented by Lyons, Doughty & Veldhuis, P.C. 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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