Hi Everyone,
Here is my update on the settlement I offered PNC. After a few days of missed calls I finally spoke with someone from PNC yesterday. He first said that after looking over my file he could see that I had filed for bankruptcy. I thought really??? ...no kidding!!! He then said that they wanted $41,000 to settle on the loan that has a balance of $65, 800. I said no way. I don't have that kind of money. He asked me how much I could possibly come up with. I told him the $5,000 I offered in my settlement letter was all I had to give. He said that offer was rejected. He then once again asked me how much more I could possibly come up with. Once again I said I offered what I had! He said that that offer was rejected and that if I wanted I could resubmit another offer but that I would have to go through the entire process again (filling out forums, sending in all my financial information) because he would have to close out my file. I told him okay. He was silent and then said when I have more to give to complete another settlement package. He then hung up. That was the conversation. He wasn't what I would call rude but he wasn't exactly pleasant either. Who cares. I knew they would reject it but at least I tried. I'm surprised he kept asking about how much more money I could come up with. I wasn't expecting that. I'm done for now. Just wondering if they will sell this loan to someone else. If they do I have no incentive to settle with another company if PNC holds the lien. Just thought I would share! Have a great day!
Here is my update on the settlement I offered PNC. After a few days of missed calls I finally spoke with someone from PNC yesterday. He first said that after looking over my file he could see that I had filed for bankruptcy. I thought really??? ...no kidding!!! He then said that they wanted $41,000 to settle on the loan that has a balance of $65, 800. I said no way. I don't have that kind of money. He asked me how much I could possibly come up with. I told him the $5,000 I offered in my settlement letter was all I had to give. He said that offer was rejected. He then once again asked me how much more I could possibly come up with. Once again I said I offered what I had! He said that that offer was rejected and that if I wanted I could resubmit another offer but that I would have to go through the entire process again (filling out forums, sending in all my financial information) because he would have to close out my file. I told him okay. He was silent and then said when I have more to give to complete another settlement package. He then hung up. That was the conversation. He wasn't what I would call rude but he wasn't exactly pleasant either. Who cares. I knew they would reject it but at least I tried. I'm surprised he kept asking about how much more money I could come up with. I wasn't expecting that. I'm done for now. Just wondering if they will sell this loan to someone else. If they do I have no incentive to settle with another company if PNC holds the lien. Just thought I would share! Have a great day!
Comment