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Partial Payment Made & Still Marked 30 Days Late

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    Partial Payment Made & Still Marked 30 Days Late

    Hello. I made a partial payment to Chase for 1/2 the amount due as I did not have the other half. I am on their Balance Liquidation Plan (BLP) and have paid them over $4,000 in the last year and a half. It is a good plan but my income has decreased since I signed up and they won't re-negotiate a new lower payment. However, they just marked me 30 days late. Is this going to continue each month? Any suggestions on how I can deal with them? Thanks in advance.
    Over Median Chapter 7 Filed (No asset case) - 341 Held - Discharged & Closed Jan 2012

    #2
    A partial payment is a late payment.

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      #3
      Did you really expect them to report "Paid as Agreed"?

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        #4
        Unfortunately yes they will keep reporting every month this way.

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          #5
          Actually next month it will say "Late 60 Days"

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            #6
            Unfortunately Chase is notorious for not negotiating and reporting to the CRA's as they did. If you can't afford the current payment I would encourage you to consider other options.
            A fresh start is a beautiful thing. And I'm not an attorney, just opinionated!

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