Stopped paying everyone about 60 days ago and mostly been ignoring the calls. Got an offer from Citi today. $10k with no interest on a $16k balance. Decent offer I guess but useless since we are going to file in early 2010.
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got quite a few of those from Citi. if you wait a few months longer to file eventually your account will end up with Hunt and HenriquesOriginally posted by ToughSpot View PostStopped Paying CC's 2/2009. Retained Attorney 1/10/2010 Filed 1/23/2010. Discharged 5/19/10 $187K CC, $240K 2nd,$417K 1st, No asset Ch-7 -
That seems like a great offer to me. I wonder if I can get the same kind of deal? I owe a little over $10k. The thing is I don't have any money coming in to even take an offer.
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Looks like you're going for the 0% plan.Originally posted by ToughSpot View Post
Good luck!
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Bankruptcy is a process, not an event.......Comment
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Did you have to pay that in one large sum? Do you think they are willing to negotiate lower? Was this with a collection agency or directly through Citi?$10k with no interest on a $16k balance.
I have a few accounts with them and I'm trying to hold off on BK. I don't really have a lot to settle with, but I would like to try to settle rather than BK, but might have to just do the BK.Comment
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Good question and I would like to know the answer as well!Originally posted by ChrissyF View PostComment
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If you have little $$ to settle, best just plan to file BK and be done with it. I thought about settling too in Aug 2008 before i was willing to admit the depth of my problems. sit back, have a drink, take a long look in the mirror, admit it, then read, read,read this forum. then make your plan and execute.Originally posted by ChrissyF View PostStopped Paying CC's 2/2009. Retained Attorney 1/10/2010 Filed 1/23/2010. Discharged 5/19/10 $187K CC, $240K 2nd,$417K 1st, No asset Ch-7Comment
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