Re: Please Review My Settlement Letter
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Posted by Why Chat (209.240.198.61) on September 27, 2002 at 14:49:08:
In Reply to: Please Review My Settlement Letter posted by DC on September 26, 2002 at 23:11:41:
The letter looks ok to me.Obviously it is within SOL if the original creditor still has it. The 1099 (I differ with the other posters on this) is a SMART move, obviously your friend is not in a situation where a $4,000. addional taxable income is going to hurt, and it insures there is noting to sell to the CA's. As to doing a BT from your credit, I do not believe you can BT to another person's account. I reccomend your using your credit card to purchase a bank check or bank money order for the purpose. Before you do any of this, make sure Chase still HAS the account.
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