Updated over 15 years ago on .
2nd lien holder a collection company?
These seem to be the most hard core negotiators...and many have taken a "Pay us a lot or we will let it go to foreclosure" approach. I am assuming that based on the price they are paying for these notes, they only need to have a small percentage agree to the high percentage in order to make their business model profitable. Any creative deals? Anyone had any luck going in a different door with the collection company and just purchasing the note? Particularly trying to deal with SRA on a couple of written off Chase seconds. Thanks.