WaMu/Chase

Advanta, BOA, WAMU, Discover, Chase, debt settlement ?'s

What percentages can I expect with chase,wamu,discover,citi..

Default Chase Credit Card and Washington Mutual Account!

I dealt with WAMU before the merge but have also dealt with chase. I will tell you that chase usually has inhouse collections. These people for the most part where easy to deal with but did not fool around. I was on the verge of having to go to court but I was able to work something out with them. They would have settled but I was unable to come up with the money. Now I am making monthly payments.

Good luck and let us know how things turn out.

WAMU/CHASE.
I'M VERY SAD BECAUSE CHASE BOUGHT WAMU AND I HATE CHASE.
I WAS THINKING IN CHANGING MY BANK BUT I DID NOT FIND ANOTHER BANK LIKE WAMU.
I LOVE WAMU.

I have had better luck getting a settlement with Chase then I did with wamu. I have yet to settle with wamu and now it has been passed off to WWR

dfawaz, how much did you settle with Chase for?
spatterson - what % was Chase willing to settle for?

Chase was willilng to settle for 50% but I could not come up with the money. The amount I owed was quite a bit. The only problem I have with Chase is that they like to call and ask if I want to set up withdrawals from my checking account. I keep telling them no I will just keep sending the checks.

Guest,

I got an amazing deal with Chase. I settled for about 30%.

I did one large settlement of 4200 on a 12,000 debt.

Just lucky one day.

how did you get them down to 30%

They have told me over the phone a # they will settle for. I gave them my account info. I have till friday to put the money in my account. I will have to borrow the money from family. I am worried because they will not send the # in writing before they get payment. They did give me a confirmation #. Does this sound leggitt.

Guest,

Sorry I didn't respond earlier. I was long over due and told them I could give them 3k right now and they said no way. They called me about a month later and said 5k. I told them I will do it 3500. My goal was 4k. They said 4200 and I agreed. I wish I would have told them I would have done a little more and get them off my credit report but I was just excited to settle.

Guest,

Don't settle unless it is in writing. Tell them you want something in writing stating that this will be considered paid in full! You want something that is binding like a contract. Don't settle with just the phone call. Get confirmation through a letter. Don't send anything either. Because they can turn around on you and say we have no record of it. They are sneaky like that.

how long were you delinguent on the accounts before you settled. I can no longer pay on my chase and was curious as to how late you were on your account.

A little less then a year. I did not want to deal with a CA because they are a hassle and I knew that Chase would eventually settle since they offered me a something.