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Calvary settlement


OkieinNY
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Hello,

I have been lurking around for several weeks and I finally worked up the courage to ask a question. You have all been SO helpful, and I have slowly made progress with my credit repair. I have a new account with Calvary in the amount of $8400 from an Americredit chargeoff. I offered 2K with PFD, and they said they would settle but not remove the account. I threatened BK and they are calling my bluff. The DOLA was 8/03. I am moving to SC in a couple of months, where the SOL is 3 yrs--should I mention this as leverage for them to take my offer? Thanks for any advice!

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Hello,

I have been lurking around for several weeks and I finally worked up the courage to ask a question. You have all been SO helpful, and I have slowly made progress with my credit repair. I have a new account with Calvary in the amount of $8400 from an Americredit chargeoff. I offered 2K with PFD, and they said they would settle but not remove the account. I threatened BK and they are calling my bluff. The DOLA was 8/03. I am moving to SC in a couple of months, where the SOL is 3 yrs--should I mention this as leverage for them to take my offer? Thanks for any advice!

They usually won't take much consideration about the SOL. IMO, I would hold out till after you move then try to negotiate the PFD and if they won't do it, then I wouldn't pay.

:goodluck:

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