Chase charge-off, $20k, Feb 2023 -- best way to pay it off
I will be buying a home and applying for a mortgage later this year, so I want to pay off my Chase charge-off next month when I receive a large sum of money. The amount is $20,198, and it was charged off in February 2023.
A couple years ago, I received correspondence from an attorney and there was a hearing. Since I did not show up (and was responsible for the delinquent amount anyway), I was found responsible for the debt. There has not been any levy or wage garnishments to date.
- Should I be reaching out to Chase directly or to the attorney office from the lawsuit to make arrangements to pay this debt?
- Is it possible that Chase or the attorney office (whichever is applicable) will agree to accept a lower amount to settle this? (I know I will need to file any unpaid amount as income on my taxes.)
Thanks in advance!