I have Amex, B of A, Citi, Discover credit card. B of A is willing to settle for 15% of my debt, except real estate loan (they want it all and the property ). Discover refuses to go lower than 40% . They want me to pay 60% . I think that is a lot. Any suggestion on how much I can budge them for ? Citi - account already turned to attorney who refuses to negotiate. Amex - turned all accounts over to collection agency who will negotiate for 55%. pay the rest. I just added all of my cc and its a lot, lets say just say over 100 K.

I received a notification that citi bank has hired law firm who will simply preferred to sue me without making any settlement. I talked to the lawyer offer 20% of the debt and said Nope and will see you in court. Is this a joke ? How much do they want 100 % of it. Is it wise to involve lawyer to negotiate ? Ben

How long does it take for a credit card company to get a judgment against you in the state of New York? I have a Discover card I haven't been able made to make payment on since March. I don't have the money to make the payments and I 'm trying to save money to file bankruptcy. Thanks.

I was served a summon (Chase vs ---) in Kenner last Friday with a petition and request of admission of facts by Eaton Group Attorney llc of Baton Rouge, Louisiana. Hanna couldn't sue me directly, so they let or sell my account to Eaton Group?

I am wondering if bankruptcy is a better option for me than settlement. I gather under ch 13 I'd end up paying my debts in full, whereas, settlement would let me save on my accounts. I owe around $40k in credit cards and personal loans but I wouldn't qualify for ch 7. But, I was advised by a friend to try to file for bk instead of settlement. So I am just wondering, under what circumstances bankruptcy is preferred over settlement?

My account is drawn $150 negative because of fraudulent payday activities. My bank, however, wouldn't let close my account till I don't pay the negative amount and also threatening me to report to Chexsystem. What do I do? Would I be able to get another bank account if I am reported to Chexsystem?

What do I do if I have three storefront payday loans in Texas and can't afford them anymore?

What if you send them the pay for delete letter and your proposall is rejected, since in the letter it states that you will request a full debt verification, Do you still have to go through with that if your pdf is rejected ? Thanks

Can you consolidate 2 student loans, 1 credit card, and a home equity loan into one?

Cap One charged off my last card at the beginning of April. They are still refusing to settle for less than 88% of the balance. It is in the recovery department and assigned to a specific person. This person is like a stone wall. She asks no questions nothing. Just says that's all they will settle for and that's all they will never settle for less than that. I tried calling the general number and when I put my card number in, it goes directly to her. I was hoping to get someone different and be able to negotiate someting reasonable.