Well, after learning that my friend settled both his Chase accounts for 20% total debt was 40,000, they took 4K on each or 8K total on payments...and after finally coming to the realization that the economy has taken it's toll on me I decided I just can't do it anymore. So far I have stopped paying on 4 accounts, after having a perfect history on all for approx 10 years or so. I'm self employed and my business has dwindled down to nothing as the clients are simply not coming in and the ones that call have no money to pay me and or are living in their cars. I have received regular calls from 2 of my creditors but finally heard from Chase for the first time yesterday. I have 2 accounts 1 of which was from a Wamu account, the total balance on both is 14,000, one at 10K one at 4K...The gal that called was very pleasant but referenced both accounts....In the big scheme of things, if and when the opportunity comes to settle, should I work toward settling 2 for 1 lump or seperately....?