How do you calculate charge-off date?
Date: Tue, 02/23/2010 - 08:04
Playing the game of chicken with BOA. Trying to get their settlement offer as low as possible and so I am trying to take the negotiation right up to the charge-off date wire.
As I understand it, BOA will charge off my debt after 180 days. How exactly is this calculated? I will miss my sixth payment in early march. Is it 30 days after that, or is the date my sixth missed payment is due my 180th day?
As, always any advice is appreciated.
As I understand it, BOA will charge off my debt after 180 days. How exactly is this calculated? I will miss my sixth payment in early march. Is it 30 days after that, or is the date my sixth missed payment is due my 180th day?
As, always any advice is appreciated.
I believe it is 180 from last payment made. Next time you talk
I believe it is 180 from last payment made. Next time you talk to them just ask "when does this account charge off?". I did this on 4 accounts and just noted it in my file.
I was also hesitant to ask but they will tell you when the charg
I was also hesitant to ask but they will tell you when the chargeoff date is and how many days late the account currently is. They never asked me why I asked but I was prepared to say that I wanted to have an idea so I can borrow money.