Approach the second mortgage by phone or mail???

[Ann]

All,
Thankfully my case has been discharged and now finally closed!!! We pulled a few bucks out of our 401k and am prepared to offer up a settlement with our second mortgage company to release the lien. Would you say the best way to approach them is by phone or by writing a letter and mailing it? I'm anxious to get this thing settled. Thanks!

[drowning123]

Call them and say that you want to settle and see what they say. Negotiating over the phone is quicker and more convenient I think. But, of course, ultimately you want an agreement in writing, signed by you and the letter.

[ccsjoe]

I would go for everything in writing, but that's just my CYA nature.

[Ann]

Thanks for the replies..I will call first and then write! LOL

[dm415]

miss a lot of payments first..That gets attention