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Recent BOA settlement %?

Date: Mon, 05/10/2010 - 14:35

Submitted by mojo
on Mon, 05/10/2010 - 14:35

Posts: 50 Credits: [Donate]

Total Replies: 8


BOA claims they don't go bellow 25%. It's close to charge-off. Any recent BOA settlement %? I told them I can't, but I'm wondering what to expect, because I will let it charge off, because I can only pay so many creditors with what I have borrowed. If they stick to their number, I might as well focus on the other creditors.


I Have not settled with them...yet. The girl I am working with told me to hang on as she has for some reason taken sympathy on my case and is trying to push for my 15% settlement offer at the first of June. She wants me to be at 120 days late. As I have said in other threads I know (and many of you may agree) this is probably "pie in the sky" but I am holding out for it. All calls have stopped and I am praying for this to come through. They have combined my BofA business line (44 ,000) and my personal FIA (13,000) total $57,000....keeping my fingers crossed BUT prepared to settle for more. Just my experience so far with them I thought I would share....


lrhall41

Submitted by luckin10 on Mon, 05/10/2010 - 18:56

( Posts: 181 | Credits: )


We settled our 2 BOA's in March, total bal was 8 bucks short of 24,000 for 25% structered over 4 payments, they were very nice to work with and allowed for small payments over the first 3 months with balloon payment at the end...That bought almost 3 months to come up with the large final payment...


lrhall41

Submitted by maggie22 on Tue, 05/11/2010 - 07:07

( Posts: 140 | Credits: )