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February 20, 2008 | 10:45 PM

Hardship program with Chase MasterCard

Wed Feb 20, 2008 10:02PM | By Tony

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Q: I have been under hardship program arrangement with Chase MasterCard for 15 months and have another 9 months to go. Couple days ago someone called me from Aargon Collection, asking me to settle $3,500 left with Chase for $2,700. First I didn't understand why collection agency called to begin with, then after realizing that Chase reneged on that arrangement, got emotional and told her to get lost, but not before she threatened me with lawsuit. I have the whole hardship thing documented, and have been on time.

A: So you are positive Chase sold your debt to Aargon Collection and violated the arrangement. You should be fine even if they haul you to court, as long as you keep the hardship agreement paperwork safe, as this is your lifeline in any potential lawsuit.

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