Anyone want to tackle this? I have several cc's with Cap1. I also have a car payment through Cap1. Some of the debt is unsecured (CC's) and the other is secured (auto). I'm doing all I can to stay out of a Chapter 13. There is no paper work form Cap1 that connects my auto loan to the cc's. Since I need my auto, is there anything that may come back to bite me if I pay them the auto payment and forego paying the CC debt (this wasn't a problem until they jacked my CC interest rate up from 9.9% to 29.99% when I missed one payment after a decade). Does anyone here have experience working with Cap1 on a debt buydown plan? I currently have writtent agreements with BOA/MBNA and CITI for five-year payback plans. I think i finally convinced them that 100% of their principle in 5 years is better than the pennies they would get should I file a chapter 13. What are my chances of Cap1 working with me on the unsecured CC's? Should I take the "I don't give a s**t" stand. I've mentioned before that I can live like a king on 75% of my ungarnished wages. I'll pay them back their principle plus some for the paperwork they have to deal with. What are others experiences with CAP1 and CC's?
