Hello. I'm trying to settle my HELOC with Chase. I own them $174,138.09. I'm about 42 months past due with my HELOC.On May 23, 2012 I received settlement offer of 5% ( $8,709.00) By the time of the settlement offer I didn't have the funds to settle with them.(I think it was great settlement offer).I only had $3000 on my account, so I send them counter offer for $3000 which they didn't accept. The offer expired on June 22, 2012.