B of A settlement ?
Date: Sat, 10/17/2009 - 00:40
settled with 35% yesterday to BoA at 90 days. I think its reaso
settled with 35% yesterday to BoA at 90 days. I think its reasonable considering the added fees if u wait longer but you should push for 4 months payment.
I just settled after 150 days with Bank of Amerika's socialist o
I just settled after 150 days with Bank of Amerika's socialist organized crime unit.
It was at 30% on a 50K debt. I decided to do it rather than risk being sued by the ambulance chasers. All hail King Obama Hussein, thanks for the change. Change is now. Hope for the Reagan years, thats the only hope we need.
I did not use a debt settlement company because they suck. All of them do, no matter how the pretty women frolicking through the flowers with their hubby and kid you see on the websites. They take 15%, and more as you already know, plus, will do absolutely nothing if you get sued. Just get a pay as you go phone, give the cc socialist organizations that number as you home number, and answer it when you feel like it. That way you leave your real home number out of it.
You will never when negotiating with them. Just tell them after a while that you offer 20% at the most and let them come up with the percentage declines as you get closer to charge off.
As always, here is my disclaimer because of the harvard ambulance chasers.
" My advice is worth as much as you paid for it, which is absolutely NOTHING"
GOOD LUCK and start creating your own financial bailout. after all, the credit card communists already took yours.
A good dealing with BOA will help you to settle between 25-40%.
A good dealing with BOA will help you to settle between 25-40%. To make an offer always do it in the last week of the month
I settled with BoA 25% for all accts balance 32K at 110 days. Ju
I settled with BoA 25% for all accts balance 32K at 110 days. Just wait a litle longer, they will settle at your favor. save money for the family
wait a little longer and like bakerjon says make your offers nea
wait a little longer and like bakerjon says make your offers near the end of the month or near the end of one of the quarters and you will most likely get around 25%. next end of quarter I believe is December, at about 140 days would be best to settle for you.
Quote:Originally Posted by AnonymousWe are using debt settlement
Quote:
Originally Posted by Anonymous We are using debt settlement company, our 2 B of A accounts are 90 days and they are offering 35% on both right now. they told the company or it will go to litigation. we were advised this is a good offer, but shouldn't we be holding out a little longer, as I have heard B of A can go as low as 20%, and we are only 90 days since last payment. What would you do? Do they usually sue this early?? Thanks!!! |
I just got offered 25% today. And I am doing it myself. You do NOT need a debt settlement company to work with BofA.
You just need to hold out as long as you can. I am at 180 days+
You just need to hold out as long as you can. I am at 180 days+ ready for account to be charged off. Today they called me and offered 25% down from the 30% they have been offering since August. Now I just need to come up with the money for the offer.
It really astounds me how easily people can get their debts redu
It really astounds me how easily people can get their debts reduced.
I have removed your signature, as solicitations are against TOS rules.
Please read TERMS OF SERVICE for a more detailed description regarding advertising. Shazzers
[QUOTE=bob bobson;485216]It really astounds me how easily people
[QUOTE=bob bobson;485216]It really astounds me how easily people can get their debts reduced.
I have removed your signature, as solicitations are against TOS rules.
Please read TERMS OF SERVICE for a more detailed description regarding advertising. Shazzers[/QUOTE]
Well unfortunately you have no idea what any of our circumstances are so stop judging people.