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Stagger the sinking

Date: Thu, 12/11/2008 - 08:52

Submitted by anonymous
on Thu, 12/11/2008 - 08:52

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Total Replies: 2


I'm going to go for the DYI settlement. Does anyone know if staggering the default the process will work so I can deal with and pay offers in a staggered manner instead of having all the cards hit their 120-180 dys at the same time?


I'm not quite sure what you're asking but I'm assuming you're wondering if you can keep cards current and one delinquent to settle? If that's your question, it's yes. You don't settle your cards all at once, they're different companies - you're settling on a negotiated amount per card and typically they want the entire amount right then. Also 120-180 days isn't necessarily a magic number - you can settle them 10 months in if you wanted to; just stay in contact with them.


lrhall41

Submitted by on Thu, 12/11/2008 - 22:30

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