https://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Chase-settlement-offers/m-p/6350497#M647285 <P>Anyone have Chase settlement offers lately?&nbsp; I was offered 10 percent settlement on $27k for 4 accts for $2700, what gives?&nbsp; Are they not suing anymore and trying to get as much as possible, or do Chase still sues and I should jump on this offer?&nbsp; Tax implication is my biggest hesitation right now.&nbsp; Cheers.&nbsp;&nbsp;</P> Mon, 14 Jun 2021 21:59:47 GMT Anonymous 2021-06-14T21:59:47Z https://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Chase-settlement-offers/m-p/6350497#M647285 <P>Anyone have Chase settlement offers lately?&nbsp; I was offered 10 percent settlement on $27k for 4 accts for $2700, what gives?&nbsp; Are they not suing anymore and trying to get as much as possible, or do Chase still sues and I should jump on this offer?&nbsp; Tax implication is my biggest hesitation right now.&nbsp; Cheers.&nbsp;&nbsp;</P> Mon, 14 Jun 2021 21:59:47 GMT https://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Chase-settlement-offers/m-p/6350497#M647285 Anonymous 2021-06-14T21:59:47Z https://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Chase-settlement-offers/m-p/6350550#M647286 <BLOCKQUOTE><HR />@Anonymous&nbsp;wrote:<BR /><P>Anyone have Chase settlement offers lately?&nbsp; I was offered 10 percent settlement on $27k for 4 accts for $2700, what gives?&nbsp; Are they not suing anymore and trying to get as much as possible, or do Chase still sues and I should jump on this offer?&nbsp; Tax implication is my biggest hesitation right now.&nbsp; Cheers.&nbsp;&nbsp;</P><HR /></BLOCKQUOTE><P>If you are insolvent at the time the 1099-c is issued no taxes are due. You can refer to the IRS to see what insolvent means and there are forms you can use to tentatively see the tax bite.</P> Mon, 14 Jun 2021 23:23:22 GMT https://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Chase-settlement-offers/m-p/6350550#M647286 gdale6 2021-06-14T23:23:22Z