Summons for credit card debt, negotiate
I have been summoned for a defaulted chase credit card debt of 13k. I live in Georgia. Chase sold the debt to the Equable Ascent Financial, LLC Will they negotiate and is there a standard percentage I should offer? My tax man said the banks have received such a boost from recovery that they are under some pressure to settle accounts. I have to respond by the 15th to my summons. Chase also owns my mortgage, which is current. I am not really contesting the debt, other than the 29 percent interest they stuck me with.
Please advise,
Junction