Almost done!!!

Date: Wed, 07/14/2010 - 08:25

Submitted by P. J. Bou
on Wed, 07/14/2010 - 08:25

Posts: 4 Credits: [Donate]

Total Replies: 2

I have settled most of my debt (40K)as of the end of June but have 3 smaller accounts left. Two of them though have been sent to collections as I just did not have enought money to keep paying the payments while I was paying off the other accounts
.
I would appreciate any help in dealing with the CA as far as trying to settle the last 3 accounts. They are:

HSBC $3500 in collections
Juniper Bank $5300 in collections
Capitol One $2200

Should I still call the original creditors first, or should I try with the CA. I see in some of the other posts that you may be able to settle for a smaller amount with the CA.. Does anyone have any idea what percentage they might settle for.. Any tips would be appreciated.

Congrats to You! Can't help you with the first two. Maybe anot

Congrats to You!

Can't help you with the first two.
Maybe another member will.

Carp One is very difficult to do a settlement with.
You are better off trying the CA on that one.

Try a forum search on those plastic rats.

Good Luck,
King " Kash" Jabba Labba

lrhall41

Submitted by King Jabba Labba on Wed, 07/14/2010 - 10:34

( Posts: 507 | Credits: )

I too haven't settled with the first two, but I did have 2 cap o

I too haven't settled with the first two, but I did have 2 cap one accounts. One of them I settled (it was actually my first settlement), the other won't settle and it charged off 3 months ago and is still with Cap One in their recovery department. I'm hoping to have better luck with a collection agency if they ever sell it.

The one I did settle was for 50%. The one is still outstanding they are only allowing 88% which I simply can not do and they won't go any lower.

lrhall41

Submitted by Debt Free to Be on Wed, 07/14/2010 - 20:16

( Posts: 412 | Credits: )