Who are the creditors you’re trying to settle with?

IMO... I don't think the banks/credit card companies would talk to each other... the best thing to do is try..
Ultimately if credit card company is going to give you a settlement, they'll want some form of income/asset report...

If you're truthfully reporting then you should be good to go

Well if one gets 35% and all I can afford to offer the other now is 25% it might matter to the CC company thats only being offered 25%.maybe they reject on that basis?
I know its possible, anything is, but what are the probabilities of them talking to one another about settlements not about reporting how many days in arrears at the credit bureau.
I gave most of my effort to the cc at 35% because they also hold my mortgage and I wanted to be onside with them more than the other.
In my mind thats why it matters.

hey riverviewbrain,

that's entirely possible.. there is a 30 day or so time delay in reporting to the credit bureaus...

If you're illiquid, why would the banks cross checking matter?
If you can only legitimately afford 25%... why would it matter?

want to settle a couple of cc debts, I have talked to one and we settled on 35%.
I want to offer the other company 25%.
My question is do they cross check with one another? they must know about the other debt from the credit file I assume.