Chase at 45%, i offered 35% but won't budge yet
Date: Mon, 02/16/2009 - 13:28
I have 7600 with chase. I offered 3,000 which is 40%, what more can they want right... so they say 3500 is their lowest, which is about 46%. Now she said it will go into litigation next... so what do i do? should I take it for another 500? or wait to settle with litigation? any advise? thanks!
and when i say next i mean like on wednesday. please let me kno
and when i say next i mean like on wednesday. please let me know if i should take it or hold for the 40% when it goes into litigation...
After it goes into litigation, they will tack on attorney fees a
After it goes into litigation, they will tack on attorney fees and court costs. At that point, once they have actually started a lawsuit, they're not going to settle that low anymore. (The purpose of them offering settlements is so that they don't have to file lawsuits). After all, if they get a judgment and can garnish wages, why should they want to settle anymore when they can get paid-in-full?
Personally, I'd cough up the extra $500 to take care of it now. You could end up paying over $8000 if it goes to court.
