Santander charge off... What to do

[Shawndajoy]

Thanks! I was living in Virginia at the time but now in California... I will look into that.

[RobertEG]

They are not required to have sent notice prior to taking of the charge-off.

It is a required accounting measure, and is unrelated to continued obligation for the debt.

The reconciliation is not due to the charge-off, it is a possible net reduction in the debt based on their recovery of a portiion of the debt upon sale of the vehicle.

That  must be resolved final to prior settlement.

[RonM21]

Good luck with anything you try to do with them because they are very tough.

[Anonymous]

Please please please tell me what you listed in your letter. I could really use help on this matter with them myself!!!!!! Also congrats on rebuilding your credit!

Thank you so much!