Is this legal?
Date: Mon, 10/11/2010 - 08:06
It is not illegal. You are asking them to settle with you...you
It is not illegal. You are asking them to settle with you...you need to cooperate. It is a two way streak. They just want to know that you arent a cheap milliionaire looking to save a buck.
Asking for all that, they better offer you a 10% settlement... G
Asking for all that, they better offer you a 10% settlement... GEESH!
Quote:Originally Posted by MerecentI'm looking to settle a debt
Quote:
Originally Posted by Merecent I'm looking to settle a debt with Chase. This morning they asked for my bank statements for the last two months, 2 last paychecks, IRS returns for the past two years and the proof of the settlement money. I'm not sure what to make of this. Do I give them access to all my information? Can anyone help me? |
I wouldn't have a problem giving proof of last 2 paychecks and list of bills; however, I'd draw the line at tax returns.
are they the attorney representing Chase cause thats the exact q
are they the attorney representing Chase cause thats the exact questions a bankruptcy attorney would be asking for. if they are not do not give them a thing. It all could be one great big scam to get more from you.
I would not give them any of that information unless it helps to
I would not give them any of that information unless it helps to show you have no money. For example, if I had no job then I would state I am out of work; therefore, I do not have any prior pay statements that are relevant. I would never send bank statements or IRS statements. You could claim you have no bank account. You know your circumstances and you know what you have in savings to make as a settlement offer. All they are wanting is ammunition to try to squeeze more out of you or potentially use against you if they sue. You certainly are not required to prove to them that you have the money to settle with or provide any other type of personal financial data. Even in court you would not be required to provide this info until after they proved their case and won a judgment.
When I was in student loans, all the above where a requirement f
When I was in student loans, all the above where a requirement for settling an account.