Bank of America - anyone done settlements recently?

Date: Thu, 03/26/2009 - 15:43

Submitted by anonymous
on Thu, 03/26/2009 - 15:43

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Total Replies: 3

Anyone done any settlements with Bank of A I am 120 days delinquent what can I expect ow $33,000.

chaka

Submitted by rstimson on Thu, 03/26/2009 - 16:21

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I'm 120 days late on 35K & 15K and they haven't brought up a settlement figure lower than 50% (which was two weeks ago).

Submitted by on Thu, 03/26/2009 - 16:52

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150-180 DPD is the sweet spot... post charge-off, pre-collector.

Submitted by rstimson on Thu, 03/26/2009 - 16:59

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