How long will it take to settle 5 credit cards/? And, how much do I need to save for that? I owe $300 on a Chase credit card, $1000 on Amex, $2500 on Citi, $6300 on Discover, and $2100 on a BofA card. Discover has charged-off my credit card. So, should I contact them or the collection agency? Is government relief programs applicable for charged-off accounts too?