I'm looking for some advice: I recently got a letter from Citibank that unless I make a payment of $20 within several days, the account will be charged-off. I would ideally like to try to settle the account and have them sign a letter stating that they will report the account as in "Paid as Agreed" but I know that may take time. My question is - If I call them and begin talks/negotiations, do they have any power in delaying the account being charged-off, or is the $20 payment the ONLY thing that will prevent it from being charged-off? I ask because I realize that if I make the $20 payment, it shows that I am really worried about the charge-off (which, I am) and will greatly weaken my bargaining position. Thanks.