I have just been notified that a credit card that I was working with has been charged off and it has been placed with an agency to file suit. They are saying they will garnish wages, freeze accounts and attach a judgement to my property. My employer says that my wages can not be garnished, but what about my account. I was honestly trying to make arrangements with Chase, we had a loss of income and things were very tight for a while. If they attach a judgement what does that mean? Will I have to go to court over this? They are willing to settle for 749 if I can come up with it today!! They just called me yesterday. I do owe this debt and am willing to pay, but they are unwilling to work with me any longer. If I file bankruptcy will that stop the judgement and garnishments? I am not behind with my other creditors and even will be paying 3 off this month. The payments were manageable until my interest rate was increased because of a payment 4 days late and my payments doubled to 4.

Technorati Tags: bankruptcy, chase, credit card, creditors, interest rate, judgement, wages

I have about 20k in cc debt. is credit card debt settlement a good thing? does it affect your credit score even though the creditors have agreed to accept the settlement? I have a 7k debt with chase. they offered a 5 year balance payment plan at 0% interest. The remainder of my 13k credit card balances are currently up to date. Would it be best to just continue to pay the remaining cards or seek settlement. My objective is to keep my credit score as positive as possible.

Technorati Tags: cards, chase, credit card balances, credit card debt, credit card debt settlement, credit score, creditors, objective, remainder

AMEX will not agree to any settlement below 85-90%. Unlike Chase, Barclays Bank, Discover, HSBC and B of A who all agreed to settlements under 50 cents on the dollar.
ANY INSIDE NEGOTIATION TIPS WITH REGARDS TO DEALING WITH AMEX WOULD BE APPRECIATED!
A little background info specific to my situation: I owe about ,500. My account was about 100 days past due. But I was told by their collections dept. that in order to make a settlement offer, I needed to make a minimum payment of 9. I did this on Oct3rd. They rejected my settlement offer of ,900. I told them I was going to wait for the account to charge off since my offers keep getting rejected. They said it won’t charge off for another 85 days. They have offered me a hardship program. I have declined it. Like the other 8 credit cards i’ve settled, I want to make a 1 time lump sum settlement.
AGAIN, I AM LOOKING FOR N E G O T I A T I O N ADVICE.
I’m NOT looking for you to tell me how awful/cheap/irresponsible/or evil I am for not paying back all the money I owe. Thanks

Technorati Tags: 50 cents, amex, barclays, barclays bank, chase, collections dept, credit cards, hsbc, lump sum settlement, minimum payment, money, negotiation tips

I have a debt for 911 with Chase and I think it was sold to a collection agency and then resold to another collection agency. this third one sent me a letter yesterday to settle for 274. If I pay this amount who will fix my credit report. the collection agencies have never put there negative on my credit report only Chase is on there and it says charge off since 2006. So can the collection agency have this fixed or not?

Technorati Tags: 911, chase, collection agencies, credit report

Due to permenent disability which occurred 2 years ago I can no longer afford my monthly mortgage. Normally I would just sale my home but my house in Las Vegas is currently about 0,000 up side down and I do not have that kind of cash to make up the difference. I have spoke to the lender (Chase) in length and the only thing that they are offering is temporary solutions so I know that I will have to move. Luckily I have a excellent family support system that will allow me to live within the confines of my limited disability income. but I’m concerned about the mortgage company harassing me for the mortgage deficiency, so should I file bankruptcy now or wait until I’m out and wait for the bank’s deficiency judgement? Please understand that I have always been responsible with my financial responsibilities but I did not choose to get sick, so I’m trying my best to play with the cards that have been dealt to me! Thank You.

Technorati Tags: cards, chase, confines, deficiency judgement, disability income, family support system, financial responsibilities, las vegas, mortgage company, should i file bankruptcy, temporary solutions

I had a checking account with chase a few years ago that ended up over drafting about 00.00. I never paid it i just let it close. If i include them on my bankruptcy will i be able to open another checking account after im discharged?

Technorati Tags: bankruptcy, chase, checking account

i have two creditors.Bof A and chase.all together i owe over ,000.i sent Bof A an offer through their collection agency.i also made an agreement with chase.i told both i wanted letters stating that the debt was to be settled for a certain amount,and wanted confirmation as soon as the letters were recieved.i already tried going through 2 different debt settlement companies and it was just a bunch of bull.what other documentation should i get in case i get blackballed?

Technorati Tags: chase, confirmation, creditors, debt settlement companies

I had a credit card with Chase and their attorney sent me a letter saying I have 30 days to dispute or else they will take legal action. They said they will garnish my wages and also put a lean on my house? Is this legal?

Technorati Tags: chase, credit card, wages

We just settled with BOA and Chase at 50 percent instead of going chapter 13. Citibank has not settled. If we let our 3 cards totalling 12,000 go to collections will they settle for less?
Yes, I know we need to file any settlements as income with the irs on 1099 forms.

Technorati Tags: 1099 forms, boa, cards, chapter 13, chase, citibank, collections, irs

Ok my credit is messed up anyway so I am not worried about that. I owe a company(chase) xxx.xx dollars and they have offered to settle for 60%. What is the lowest % you think they will settle for? I can pay 60%, but if it is going to show up bad I might as well settle for as little as possible. Please provide any insight you can into this

Technorati Tags: chase, insight