[ DEBT SETTLEMENT ACCOUNTS ]
Debt Settlement (DSA) Account Management
When a charged-off account is enrolled with a debt settlement company, it needs different handling than a standard agency placement. Paragon routes these accounts to a dedicated debt settlement channel and weighs every offer against what the account would recover through agency or legal. It is one part of a single partnership that runs your entire post-charge-off recovery.
A dedicated channel for settlement accounts
Accounts flagged for debt settlement go to agencies that work with settlement companies every day, so offers are handled quickly and consistently.
Offers judged on the numbers
Each offer is compared with the account’s expected recovery through other channels, net of cost and time, so you accept the offers that pay and counter the ones that don’t.
Flagged before placement
Our pre-placement scoring checks every file for debt settlement activity, so these accounts never sit in the wrong channel.
Reported with everything else
Debt settlement results appear in the same weekly account-level reporting as your agency, legal, deceased and bankruptcy accounts.
Frequently asked questions
How should creditors handle offers from debt settlement companies?
With a consistent rule: compare each offer with what the account would recover through agency or legal, net of cost and time, and decide on that basis.
Why not leave settlement accounts with the primary agency?
Settlement accounts behave differently. A dedicated channel handles offers faster and keeps them from stalling in a general placement.
How is Paragon paid?
On what is collected. Upfront scoring of your file is free.
See what your file would collect
Send state, zip, balance and charge-off date. We will show what each account would collect, when and at what cost, by state.
