Bankruptcy

WhatsaMatta with WaMu?

By Bill McLeod, Esq.

So yesterday I received this letter from WaMu:

Dear William McLoud [sic]:

Our customer (my client) informed us of his/her intent to file (chapter 7) bankruptcy. We realize this decision was not an easy one. We would like to resolve this matter and offer an alternative that may minimize the negative impact that filing for bankruptcy can have on your client?s credit and employment opportunities.

As of today, the balance on the (credit card) account referenced above is [$2,500]. However, you may elect to settle the balance for 60%, or [$1,500], and your client will be under no further obligation. Simply alert us of your acceptance and remit the settlement payment.

If your client is unable to pay this amount in full, or if you have any further questions, please contact our Bankruptcy Department?

Full post as published by McLeod Law Offices on September 09, 2008 (boomark / email).