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HSBC Settlement Offer....Should I accept?
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Posted by Paul (208.61.180.63) on December 07, 2002 at 23:44:11:
Hi...Looking for the experts advice...I have a closed account with HSBC Bank and the total CC is $7k and I live in FL. This is a closed account and I am at the point of either Charge Off or Settlement. They sent me a notice stating they would accept 60% instead of charging off debt. Should I grab it or counter offer or let it go to Charge Off and see what happens... Thanks a million for your advice. I highly respect this Credit Board.
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