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  1. #1
    Join Date
    Nov 2010
    Posts
    3

    Unhappy How to Clear an Open Collection From My Credit Report

    Hello All,

    I have a situation where-as a collection agency as either aquired or has been assigned my default credit card debt from Chase bank. The CA has sued me, I have answered the summons and at the moment we are in the middle of discovery and so on. They are using an attorney in the Phoenix, AZ area. My question is: I have a job offer that is contigent on removing this open collection account from my credit report. The balance is about $10k (was $8.500, but due to interest and fees, its not over $10k actually). The job is a great offer and I don't want ot lose it. My timeframe is only about 30 days to have this cleared up. What is the best approach here in attempting to get this CA to drop the case and possible settle for $6 or $7k? That's all I can spare at the moment.

    Appreciate your input..

    Rob...

  2. #2
    Join Date
    Sep 2005
    Location
    Behind a Desk
    Posts
    98,846

    Default Re: How to Clear an Open Collection From My Credit Report

    You can attempt to negotiate a settlement of the lawsuit with the plaintiff's lawyer.

    You have not suggested that you believe you have any meritorious defenses to the lawsuit. If you do you can try to move for summary disposition on the basis of your defense(s), assuming you can properly support the motion, but I'm skeptical that your motion would be resolved within 30 days and, even if it is, you might not win.

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