When I was settling a judgment to apply for a mortgage I called the law office (Collection Agency) and simply asked "What will you settle for in full if payment is made within two weeks?" The judgment was for 13K and they offered to settle for 4.5K. I don't know if your experience will be the same but it is worth a try. If you don't like their answer just wait a week or so and call back again.
And as Pizzadude said, try to get a vacate order also. (Mine only gave a PIF, wouldn't do a vacate.) Be sure to get whatever agreement in writing before you send funds.
Starting Score: 500's
Are you being garnished yet? If you are, $5800 is a great deal. If not, I like the $4100 you're offering. I'd give them a call, get thier new offer in writing, and send in a cashier's check based on the new offer.
-SM
Note: Anytime you can settle a post-judgment claim for less than 80% of the balance, you're doing pretty good.
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