Bank of America wont agree to debt settlement in writing?
I am trying to do a debt settlement, and have negotiated down to 15 cents on the dollar, however, the account manager (witch) refuses to put it in writing, and says I have to make a payment as a gesture of sincerity. I said I wont pay until the debt settlement is in writing, and she says “thats not how it works. Well, I know that is exactly how it works. If I sent a $ 800 payment it would set the clocks back to zero, and the debt settlement conversation over the phone would be conveniently forgotton. Any ideas how I can get this in writing?
(And for smart alec’s who are going to say, you should never have got into debt in the first place, I lost my work back in January, and have not been able to find more)