Chase

[Lajazz947]

Just posting to see if you can all share Chase stories.

Time before lawsuit
Calls
Possibility of negotiation
Objections to BK

Etc,etc.


From what I have read they are the most aggressive by far along with AMEX.

Amex just sold my debt to NCO. Just got the letter yesterday. I am not sure if it was taken away from james west or not since I have two Amex cards, one for me, one for the business.

On a sidenote, any experiences with NCO?

Thanks

[fltoo]

Already answered this in the other post Laj, so don't want to repeat it here, but

Chase is the credit card from credit card hell. LOL

[parsoc48]

Time before lawsuit............5 mos. between last pymnt and summons
Calls................................no more frequent than everyone else
Possibility of negotiation.....yes but with huge payments, no settlement
Objections to BK................hasn't even filed a claim yet! very surprising

[parsoc48]

Too good to last, just checked Pacer and Chase filed their claims on the 8th!

[vegas911]

NCO - real idiots.
After my Amex went to them they would leave messages that I couldn't understand. It was from an office in Canada and the French accents were tough to understand. When I did talk to that office, it was just listening to threats.
After a while, calls came from a different office (still NCO) and was more pleasant, considering why they were calling.

They even called a relative (who lives 2500 miles away from me) looking for me. This was after I spoke to them several times.

[ssdsco]

13 months of no payments on a large Chase debt, they handed the debt to a CA around 6 months of no payments, no lawsuit in sight.

[liz417]

My Amex handed my account over to a CA with being 2 months with no payment!

[Tromploi]

Of course I have both Chase and AmEx.

Chase is by far our biggest debt too. I am hoping to time it so that the atty is retained before we stop paying (end of this month). So on the first calls we can refer them to the atty. Not that that will stop them but at least I'll have something to say.

[momof2furbies]

Wow - Chase is my highest card balance $5k, and I just thought everything would be ok, now I am concerned I sold real estate for several years,and in the good years 04-06, I would pay it off after every settlement, even if it was maxed out. I have ordered my Pacer information and should receive it by mail this week, I am really wanting to check things out with our case, our discharge date is supposed to be August 18th.

[Tromploi]

Wow - Chase is my highest card balance $5k, and I just thought everything would be ok, now I am concerned

Trade ya, mine's about $41K.

[Stilltheone]

I had both Chase and Amex...I think they're both awful.

When I filed, we had two Chase accounts. One with a $6500 balance and one with a $8700 balance (down from $10K)

Our payments were due March 2 and they literally called March 3...the day after they were due. Since we had 2 accounts with them, the calls were doubled. We didn't file until March 22, so we dealt with double the calls for 20 days.

Our Amex we weren't even late on when we filed. BUT, after we filed, we got this formal letter telling us that 'due to our bankruptcy filing, they closed our account'....gee, ya think? Jerks.

I think US Bank is the worst. We have 2 accounts with them as well and they listed them both as charge offs. We weren't even 30 days past due on our payments and they listed them as CO's on our credit report?!?!?

[liz417]

Wow - Chase is my highest card balance $5k, and I just thought everything would be ok, now I am concerned I sold real estate for several years,and in the good years 04-06, I would pay it off after every settlement, even if it was maxed out. I have ordered my Pacer information and should receive it by mail this week, I am really wanting to check things out with our case, our discharge date is supposed to be August 18th.

Gee, mine Chase is $25,000....

[RedLight]

I have two Chase cards, both with around 15,000 a piece. Also have two AMEX cards, with a total of 13,000. Luckily I have retained my atty and they said everything looks good. I stopped paying at the beginning of July and just received a notice from Chase saying I am a valued customer, blah blah blah, and I need to pay my bill before the account goes into suspension. They hiked the rate from 8.99% fixed to 23.99% for one missed payment. Guess I wasn't too valueable after all.

[Bandit]

I stopped paying at the beginning of July and just received a notice from Chase saying I am a valued customer, blah blah blah, and I need to pay my bill before the account goes into suspension. They hiked the rate from 8.99% fixed to 23.99% for one missed payment. Guess I wasn't too valueable after all.

at least you made it successfully over that hurdle with no injuries.

[bk4sky]

huh....i have 2 chases and over a month late. ( total 7k). i contacted one of them to tell them i retained a lawyer and the lady was super nice. i guess we'll see what happens. all i know it ATT&T is sickening. i was 2 months behind, and paying partial payments and they sent me right to NCO. The only creditor that started calling me immediately was discover.