One off settlement offers

Hi

I asked a debt recovery agency how much they would be willing to accept to clear the debt if I paid it off in a lump sum.

They have said 'I confirm we could offer a one off settlement figure of £*** but this figure would only be valid for 21 days and would need to be paid in a one off payment.

Please contact me to advise if you can pay this amount or if an alternative arrangement will have to be made.'

Can I reject this offer and counter something lower?

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