What your unsecured debt is sole proprietor?
Date: Mon, 04/13/2009 - 10:08
I am self employed and have $15,000 of unsecured debt on a Chase bidness card. Are my chances of a decent settlement as good or not as good being a business account? (Sole prop.)
Yes, if it is an unsecured debt, you can definitely settle it fo
Yes, if it is an unsecured debt, you can definitely settle it for less. Most creditors are ready to settle the debt for 40 to 50% of the outstanding debt amount and so you can contact your creditor and negotiate with them to settle the debt.
