How this resource is put together
Official CFPB, FTC, IRS and legal-regulation sources support factual statements. Collector websites support descriptions of their own stated processes; they are not independent endorsements. Policy descriptions are dated and may not apply to every account.
Our worksheets turn those sources into practical questions. They do not authenticate a document, determine whether a debt is owed, calculate a legal deadline or rate a settlement. A checked item means only that you marked it found.
Content was researched and assembled with AI assistance. We do not represent it as reviewed by a licensed attorney, tax professional or financial adviser. Read the linked original source for its scope and current wording.
Consumer Financial Protection BureauSupports confirming the debt, budgeting realistically, and obtaining the plan and collector's promises in writing before payment. The checklist's detailed scheduling and default questions are editorial applications, not a federally mandated settlement format. Page currently says reviewed October 15, 2026.
Checked 2026-10-16Consumer Financial Protection BureauValidation information generally identifies the collector, creditor, account, balance itemization, and dispute deadline. A timely written dispute triggers specific protections; this worksheet does not send one.
Checked 2026-10-16Consumer Financial Protection BureauSupports establishing collector identity, identifying the debt, considering legal time limits before payment, and retaining correspondence.
Checked 2026-10-16Federal Trade CommissionSupports written confirmation that a negotiated amount resolves the entire debt, retaining payment records, and asking about authorized fees. Consumer protections differ from business-debt rules.
Checked 2026-10-16Consumer Financial Protection BureauState law, debt type, contract, and account history affect time limits. Partial payments or acknowledgment can restart some limitation periods; a tool cannot infer expiry from age alone.
Checked 2026-10-16Consumer Financial Protection BureauRespond by the court's deadline. Legal help may be available; responding does not mean admitting liability. Settlement discussions are not a substitute for responding.
Checked 2026-10-16Consumer Financial Protection BureauMost negative payment information can generally remain for seven years. A settlement should not be portrayed as guaranteed deletion or a promised score gain.
Checked 2026-10-16Midland Credit ManagementOfficial FAQ, updated September 22, 2026. Account owner/servicer distinctions, Document Center, account-specific offers. Company statements are not independent guarantees.
Checked 2026-10-16Midland Credit ManagementOfficial payment channels and account-number instructions. Updated August 19, 2026.
Checked 2026-10-16Midland Credit ManagementCurrent published policy requests deletion after full payment or completed settlement; company says bureau timing is outside its control. Page displays December 19, 2022 update date.
Checked 2026-10-16Midland Credit ManagementOfficial issue-escalation page; distinguishes payment and compliance correspondence routes.
Checked 2026-10-16Portfolio Recovery AssociatesOfficial consumer portal; sample repayment calculator and account-specific options. Public text also retrieved from official regional host www-eus2.portfoliorecovery.com.
Checked 2026-10-16Portfolio Recovery AssociatesVerified in actual browser. Separate account/payment, dispute, and company-information routes; official telephone 800-772-1413.
Checked 2026-10-16Portfolio Recovery AssociatesVerified in actual browser. Current published policy says request deletion of PRA tradeline after final payment posts. No outcome guarantee made here.
Checked 2026-10-16Cavalry Portfolio ServicesVerified in actual browser; account-specific repayment options, official phone/email, and stated tradeline deletion-request policy.
Checked 2026-10-16Cavalry Portfolio ServicesVerified expanded hardship, payment-over-time, and account-information answers in browser. Official phone 866-483-5139; Customer Care mail route at 1 American Lane, Suite 220, Greenwich CT 06831-2200.
Checked 2026-10-16Jefferson CapitalCompany identifies itself as purchaser/servicer and directs consumers to MyJCap; third-party servicing confirmation route.
Checked 2026-10-16Jefferson Capital SystemsVerified expanded answers in browser: third-party servicing; missed or returned payments void reduced-balance agreement; deletion request after resolving final payment. No fixed discount claim.
Checked 2026-10-16Jefferson Capital SystemsVerified in browser. Distinct payment and correspondence addresses, portal and telephone payment routes.
Checked 2026-10-16Consumer Financial Protection BureauVerify debt, realistic funding, written terms before payment; updated October 15, 2026.
Checked 2026-10-16Consumer Financial Protection BureauVerify company identity, contact information and account details before sensitive disclosure.
Checked 2026-10-16Consumer Financial Protection BureauValidation information and dispute period; no individualized legal conclusions.
Checked 2026-10-16Consumer Financial Protection BureauTimely written disputes, records, and continued dispute process.
Checked 2026-10-16Consumer Financial Protection BureauUse copies of payment proof, keep originals and communication records.
Checked 2026-10-16Consumer Financial Protection BureauPrompt response and legal help; negotiation does not replace court response.
Checked 2026-10-16CFPBConfirms verification, sustainable repayment and written agreement before payment. Checklists and examples here are original editorial applications, not a prescribed legal form.
Checked 2026-10-16CFPBValidation information and time-sensitive written dispute rights.
Checked 2026-10-16CFPBIndependent collector identification and sensitive-information precautions.
Checked 2026-10-16CFPBState-specific limitation rules; payment or acknowledgment can restart time in some circumstances.
Checked 2026-10-16CFPBCourt response deadlines and legal help; negotiation does not itself satisfy a court deadline.
Checked 2026-10-16FTCHousehold-debt FDCPA scope, settlement documentation, old-debt caution and reporting. Not a guide to business debts.
Checked 2026-10-16CFPBPaid settlement risks and direct negotiation/counseling alternatives.
Checked 2026-10-16CFPBNegative information generally remains reportable for seven years; no guaranteed deletion or score effect.
Checked 2026-10-16IRSCanceled debt generally taxable subject to exceptions/exclusions; Form 1099-C not conclusive proof of cancellation.
Checked 2026-10-16IRSCurrent publication displayed 2025 edition when checked. Insolvency assessed immediately before cancellation; verify applicable filing-year instructions.
Checked 2026-10-16CFPBCollector payment-channel fees require original agreement authorization or applicable law.
Checked 2026-10-16CFPBMultiple-debt payment allocation; restrictions on paid/settled debt transfers, with exceptions.
Checked 2026-10-16CFPBWritten disputes, accepted electronic channels, failure to dispute not an admission.
Checked 2026-10-16CFPBRestrictions on unauthorized interest, charges and fees.
Checked 2026-10-16CFPBPayment evidence, copies of records, verification and disputes.
Checked 2026-10-16CFPBDispute errors with reporting company and furnisher; retain documentary support.
Checked 2026-10-16CFPBPayment authorization separate from underlying agreement; copy of terms and monitoring.
Checked 2026-10-16CFPBRevocation, bank notice and unauthorized transfer response; stopping payment does not cancel underlying obligation.
Checked 2026-10-16