Escape To Total Rewards At Woldenberg Park, New Orleans*Mary J. Blige‘s foundation was  $322,000 in debt but according to TMZ, a bank has agreed to cut the debt in less than half.

Legal documents filed show that TD Bank reached a settlement with Blige’s charity group which will allow them to pay around $125,000, which is definitely a good deal.

It was last year that the “Mary J. Blige and Steve Stoute Foundation for the Advancement of Women Now” defaulted on a $250k loan and was sued.

The group had its share of financial struggles, which they claim the bank knew of and that the default was the bank’s fault.

The settlement has the group paying back $15,000 now and then making 12 installments of $9,166.