Chase settled Wahoo!!!

Just settled last 2 Chase accounts, total Bal 23K settled at .196%....

Did you settle with chase directly or with their collector IC systems? How far were you from charge off. Sorry for the questions just trying to see what I can hopefully look forward to.

Great job maggie22. Give us some juicy details!!!

Hey Maggie share the details with all!!!

My neighbor just settle with Chase for 35% @ 180 days! First he was offer 45% at 120 days but he didn't have 45%. Nothing been offer on my Citbank card @ for 150 days

It was direct with Chase, right around 180 days...Started with a % 15 and stuck with that...They actually will try to make it work when you're closer to charge off, especially at or near the end of the month...

Maggie so happy for you! I have $24,000. with Citibank and hope I can settle soon. Had cancer and TG I will live but can not longer work. Hoping in March they will make me a offer since I shall be around 180 days. Looks like Chase is more eager to settle. I had my debt with chase but transfer to cititbank awhile back to get a better interest rate.
Crazy thing I help my neighbor with his letters etc to chase since he a older man and was having a lot of health problems too. Now he's done and can relax. Hope my turn will come soon!

Maggie did you write letters or call them directly? You kept saiding 15%??? I bet very happy when they offer .19.

Didn't write any letters, I don't think they really care to read that stuff. Took their calls when I could, and just let them know the $ had run out. They really push the make a payment thing but that's their job, to get people back on the payment treadmill.

Maggie, that's great. I love to hear about settlements Great job on your patience and persistence!

Maggie what % did you offer them to to start your process?

Our offer stayed the same through the entire process. They threw all kinds of verbal hurdles in the way: "Not eligible for settlement, no way we can go that low, this account should be send to litigation, you're just trying to pay as little as possible etc...It doesn't make sense to offer more than you can come up with when you're trying to settle multiple cards, you run the risk of running out completely. Keep in mind the better settlements help pay off the smaller accounts with the savings...

Congrats on your settlement with Chase, great job. How late were you when they started making settlement offers? I've read where some ppl get offers at 30 days late; while others don't get any until 120+ with the best offers coming right before charge off.