What is the average percentage of balance should you offer in a debt settlement negotiation

The balance is correct and no rectification is required. As explained in the loan agreement, in terms of payment, on your scheduled pay date you have 2 options, you may extend the loan by paying the $76 interest only, or repay the full balance of $276 to close the account. All payments will be taken from the same checking account that the loan is sent to. When you wish to pay the full balance, please advise us via the website at least 3 days prior to the pay date when you wish to make the payment.

I have been talking with them about my debt. I am waiting for a settlement to come in, and have told them this for a few weeks. I had posted a check with them, and asked them, well if the check does not come in can i cancel the payment. They said yes no problem. Guess what? I had to call and tell them I did not get the payment. They were like, you have been telling us this for a few weeks. Not my fault,I have no control when it will come. I contacted my bank and told them that they were told to cancel the payment. They then told me i was lying about getting any money.

What is the responsibility of the authorised user when the card owner defaults on the card? Can the creditor come after the user for the unpaid amount? Would it also affect the score of the authorised user?

Never really post here but have been reading this forum for the past two years. This site has helped me immensely. Anyways, I just got an email from Experian that states they have deleted two items I disputed. The two items are also on my TU and Equifax reports. What is the proper way to get these removed from the other two agencies? Do I call, mail, email? Thanks for any advice.

Thanks for this wonderful community. Here is my issue. Last year June I've settled my three credit card accounts with the hope that it would improve my score. I'm currently trying to qualify for a mortgage. So, when I pulled my report recently I have found to my dismay that my score hasn't improved since last June. My question to all who have settled their debts, is it normal to happen? What can I do to improve the situation?

[SIZE=4][FONT=Book Antiqua]As my invalid mothers PofA, I recently responded to a civil summons by sending a request for plaintiff to answer Interrogatories, Admissions and Production of Documents. The requested a 30 day extension. However, when they responded the only did so in regards to Admissions only, with no response to Interrogatories’ and Document request, nor any objections to the request presented.

So I filed bankruptcy back in December 2009 and at that time Citibank who holds my student loans stopped sending me statements so in January I called to make a payment over the phone. I was told by Citibank that my student loans were on bankruptcy forebearance and that i could not make a payment until the bankruptcy was discharged. My bankruptcy was just discharged and i received a phone call from DCS collection agency stating that I owe them $6000.00. Turns out only my federal loans were on forebearance, not my private loans, hence the default.

I'm planning on filing for chapter 7 bankruptcy within the next few months. There is one thing I am wondering about before I file. Back in October, November and December of last year, I took out cash advances between 3 credit cards totaling $1,300. I used the money to gamble at a local casino. I intended to pay the money back, but my finances no longer allow me to. I've been making regular payments on the cards. I was wondering how these cash advances with effect my bankruptcy. I live in NYS and I do qualify for chapter 7.

Settled my Chase card at 35% over 4 payments. The balance was about $9800 and it was about 118 days late. I hadn't heard from them in about a month so I called in and asked them if they would be interested in settling that I had sold some stuff and could possibly settle instead of declaring bk. A mere 15 minutes later he had it approved at 35%. Very easy. The settlement letter is pretty vague but hoping I get a letter at the end of the payments showing 0 balance due as they have stated. 3 down 1 to go. Capital One is being icky on my last card.