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  #1  
Old 07-15-2009, 12:26 PM
Anonymous
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Default Just settled with CHASE for 32%!

After not making payments since Dec 08, I called Chase and offered to settle the account for 30% after about 30 seconds on hold they countered with $3500 or 32.8%. Needless to say this is a big weight off my shoulders, and I'm happy I came across this forum. I little research saved me thousands. I'm glad to say Im back on track with my financial obligations.
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Old 07-15-2009, 05:41 PM
tricia48 tricia48 is offline
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Way to go. Congrats to you.
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Old 07-22-2009, 01:00 PM
bea2ls bea2ls is offline
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congrats!
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Old 07-22-2009, 01:19 PM
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Congrats to you!!
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Old 10-20-2009, 06:54 AM
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hello how did you do this?
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  #6  
Old 10-20-2009, 08:05 AM
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SOAPLADY SOAPLADY is online now
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sounds like the OP just called them asked if they would take a settlement. Pretty common nowadays. Only thing you have to be aware of it that you will more than likely be 1099'd and have to pay taxes on the settled portion.
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Old 10-20-2009, 09:15 AM
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Congrats! I'm about to settle with Chase on a deficiency balance owed from a car repo. I'm going to try to get the amount as low as I can. I felt I was pretty screwed over by the price they got for my car. It was a 2003 Monte Carlo with absolutely nothing wrong with it, and they said they only got $1800 for it.

Which left me owing about $4,000. Hopefully they will settle for 30%. That will make the money I'm getting to settle my debts stretch a bit further!
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Old 10-24-2009, 10:16 AM
Don Draper Don Draper is offline
 
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Default I settled for 35%!

That's awesome! I was able to settle my Chase business credit card for 35%. It was nerve wrecking for me too when it came down to the wire on my debt settlement negotiations.


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Last edited by NASCAR_Devil; 10-25-2009 at 10:23 AM.
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Old 10-30-2009, 10:38 AM
bea2ls bea2ls is offline
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johnddd- just be sure that everything is in writing before you pay them the settled amount.
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