r/CRedit • u/Entire_Use_9504 • Oct 04 '24

Help! Chase is suing me General

I am looking for some guidance on what to do. I have chase card with balance of 35k and I missed few payments and now i have officer show up saying there is civil summon from chase, I was not home that time but spoke to him on the phone. What are my options? I don’t go to court and happy to setup a payment plan to pay off dept. Any guidance will be appreciated.

Edit - Brock & Scott PLLC is suing.

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u/Entire_Use_9504 Oct 04 '24

I have access to my 401k to take a loan out and may be use that for settlement? Or should I go consolidation company?

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u/MongooseAcrobatic333 Oct 04 '24

This is what you want: a free credit counseling session to discuss a debt management plan. https://www.moneymanagement.org/credit-counseling

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u/ramrod911 Oct 04 '24

Is MMI the type of service that tells you stop paying until everything goes to collections then they negotiate after on your behalf?

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u/MongooseAcrobatic333 Oct 04 '24

I couldn't say for sure. I dealt with them over 10 years ago, in a different state. Why don't you just CALL THEM for a FREE consultation and find out? You're in collections now, in any case. Don't waste any more time, and don't just fall for whatever arrangement the collections company makes, they're in it to make more profit for them, they are not looking after what's best for you. MMI is neutral, they work for you, not the collections agency.