Going into litigation?

"What is ???litigation????

A controversy before a court or a "lawsuit" is commonly referred to as ???litigation???. If it is not settled by agreement between the parties it would eventually be heard and decided by a judge or jury in a court. Litigation is one way that people and companies resolve disputes arising out of an infinite variety of factual circumstances."

could just be blowing smoke up your butt. look around the site here and see if anyone else has gotten a sub 50% settlement.

hope the definition helps somewhat!

Citibank does not usually blow smoke....they are one card that actively sues.

I have no income due to a serious illness, home is underwater, trying to do a short sale!
So what kind of judgment could they get? My husband lost his job and his only income is a judgment proof pension!
Trying to give them 35%, (all the money I have)

I just settled for 30% with my first time calling. She offered me 55% at first and I said I couldn't do it. What number did you call? This is the number I called 1-866-544-5501.

Jill how many days late?

105 days late. They said it was getting charged off in 15 days. I thought they waited til 180 days but I guess not unless she was just telling me that.

Jill are you dying? Just talk to Citibank again and the guy told me unless your dying Citibank never settles for under 45%. I told him I had heard of 30% settlement and he not unless they are dying so who told you that is lying! Jerks> hate them!!!!

Am I dying?? No. And I am not lying either not sure which one you meant to ask. I told them the complete truth, my husbands salary is gone and now on commission only. I told them they could do an automatic withdrawal (I know others say not to do that but I wanted this over with). And she asked if I could do it in one lump sum and I said yes. She did say it helped I have been a citi member since 1992 with a good paying history which is the case. I did a search and either people had a really bad experience with citi or a good one. Did you call the number I gave you?

I do have another citi card that they said is charged off so who knows if I will have good news on that one, I will update.

Sorry this is happening, keep at them and you may get someone to do it!

Seems they have assign someone to my case and when I call they only transfer me to him!
Also been a long time member since 1991 :(
How much did you owe?

This is my lowest one I owe $1800

Jill, maybe it's the amount, I owe A little bit MORE :) $26,400.

You would think with that higher amount they would take a lower percentage actually. I don't know??

Gee..someone correct me if I'm wrong...but didnt Citibank take several hundred million in bailout money? Threats of litigation are just that usually..empty threats.
First..ask for proof of the debt by line and charge.
Second..dont correspond in anyway but writing and if they dont have a direct dispute address it only gets better for you.
Keep all of your correspondence and attempts at correspondence...send them the copies.
Third..people who have the least worry about a credit score usually worry the most about it.
Instead of making your family suffer..just..stop..paying them. The Interest
rates they charge are obscene..the late and other fees are contrived to rob you...
Look at it this way...would you like to eat or worry about paying an out of control criminal enterprise? If more people just said NO how much more we could accomplish.
Read your rights, check your state's rules and regs..dont forget the Fed RnR's as well.
Most written off debt is off the books in seven years without a BK. And you will still
be able to get credit during that time.

I had a citi advanta card and DS Financial settlked for 19.5 cents on the dollar. They can be reached at 866-833-6398.

Prove Citi settled for 19.5. Show us the letter.

There is no letter - it's just a commercial to get you to purchase their debt settlement program.