B of A and debt settlement

Manley,
You should check out the forums and educate yourself on methods of discharging debt. You're not in that stage yet, but its something to be aware of if it goes that far.
If you don't get anywhere in the forums, ponder the remedy below in my signature

Cheers

I just settle with them at 30% at 90 past due

Did you do this on your own or with a company??

using a settlement company or doing it on your own is a personal choice that you will have to make on your own. Many people have different views as to wich works better. Find out what is best by you through the forum. Pros and cons.
pros of using a company is that they work with the creditors and you dont have to talk to them any longer.
cons is it costs more but a good company should not have upfront costs (the company i used took a % of each settlement)
pros for on your own, cheaper
cons you will need to deal with the creditors, know a little about what they can or cant do, and have to communicate with them regularly.

If you decide to use a company be sure to research it fully there are alot of places out there that are scamming people in thier desperate time of need. check the bbb and TASC.

I just did it myself because I did not want to bother with anyone else. But sure, whatever works better and cheaper definetly.

Hi manleyx4,

I would write a letter to BofA post-haste. Detail your financial situation, and also include the name, date, and time - as accurately as you can - of your conversation with this rude clerk you talked to. That kind of talk is unacceptable for a legitimate business. I would not put up with that at all.

The problem with calling in is you could get someone who is bored, tired, disgruntled, naturally surly, or any number of traits that would stymie any assistance you may need. And anyone calling you about it is only interested in getting money from you and pad their bonus.

Inform them that you would like to come up with an amicable agreement that best fits your new financial situation.

But honestly, it will be next to impossible settling a $30k account for $9k so soon. It sounds to me as if you are a good candidate for debt management.

But always make such requests and get any agreements about it in writing. It may save you a LOT of headache and hassle later on.

Hope this helps.

chrys

You can contact their legal research dept that handles disputes with a transaction, phone call, or any matter.

You should deal with the credit card on your own. I did, and look at me! (that's a little humor there, but I'm serious) SAVE your money, don't use your stocks to pay it off