Home
Public Forum
Credit Reports
Apply For Cards
Credit Directory
Credit Overview
Credit Problems
Credit News
International
Credit Glossary
Purchase Books
Credit Laws
Business Credit
Merchant Accts
   

Going to negotiate settlement


[ Follow Ups ] [ Post Followup ] [ Credit Forum Index ]

Posted by Springer (12.215.122.57) on March 01, 2004 at 07:58:25:

The question I have is: Does anybody know how much of a benefit the CC company realizes from taxes when they write off the bad debt. It would be helpful to know for every $1000 they write off how much money gets returned to them from taxes. If they get $250 back, that means you could start at 25% of the debt when negotiating a settlement. Anybody have any idea what this amount is as I am getting ready to start negotiating with the OC.
p.s. I LOVE this board....thanks all


Follow Ups:



Post a Followup

Name:
E-Mail:

Subject:

Comments:

Optional Link URL:
Link Title:


[ Follow Ups ]   [ Post Followup ]   [ Credit Forum Index ]

 

    Top Of Page

  

Copyright © 1999-2004 Enkephalos Web Design