KarynSolo wrote:
Actually contacting the fraud department will most likely cause the victim here to get accused of things, and ridiculed by the investigators. The best move would be to do the following :
1. Sit down and do a worksheet showing one side how much you bring in in income each month, the other side how much goes out to bills, take at the bottom of the sheet the income, minus expenses and that is your workable total left over.
2. Contact the bank work out department and show them this sheet and ask for a payment arrangement based upon what is left over to work with. It is important for you to know that the bank has nothing to base knowledge of income and expenses on unless you do this.
Be sincere in your want to settle this matter, do not get upset, threatening, or in any other way nasty if they should attempt to rhile you. Use tact and be business like and keep to the goal of working this out.
The work out department knows of anyone how collections work, they know that if they do not work with you, there is an high risk of you going bankrupt and them getting nothing in the end.
In the Bank I am the investigator for, there is no"work out department" and the guy said the entire balance is sitting in the account.