OK, I negotiated a "settle for less" with B of A for a CC that was 120 days late about 6 months ago. Unfortunately I couldn't pay it all within the 90 days as agreed but I've been able to make big ($1000) payments to them for the last 6 months and I've been in contact with them the whole time. Problem is that it is listed as a chargeoff on my CR and it's my only derog left. I'm trying to brainstorm a way to get them to change the status on my CR without having to pay off the entire balance right now....since I can't do it. Has anyone ever had them reinstate the balance after negotiating something like this? I figure that I now have 6 months of good payments with them and getting rid of this derog would allow me to qualify for this loan that I've been chasing for a year now. Thoughts?