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Author Topic: How long does chapter 13 take? -- Loan #1089 -- 2 years now  (Read 54774 times)

xraider

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Re: How long does chapter 13 take? -- Loan #1089 -- 2 years now
« Reply #90 on: February 10, 2010, 08:54:59 am »

VS, that's very lucky for you!  There's been NO activity on any of my bks.  One, microdebt, who omitted her Prosper loan from her bk, had emailed me that she intended to repay her Prosper loan and was working with someone there to resume payments.  She made one payment, then Prosper charged off her loan.  She's now making another payment (a month after her last one) so I hope this is a monthly thing.  I do not have any sense that PROSPER's "recovery" system is doing anything; either the borrower for whatever reason sees a need to repay, or doesn't. 

It would be nice to have Prosper provide an update.
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vsqueen

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Re: How long does chapter 13 take? -- Loan #1089 -- 2 years now
« Reply #91 on: February 10, 2010, 09:07:06 am »

VS, that's very lucky for you!  There's been NO activity on any of my bks.  One, microdebt, who omitted her Prosper loan from her bk, had emailed me that she intended to repay her Prosper loan and was working with someone there to resume payments.  She made one payment, then Prosper charged off her loan.  She's now making another payment (a month after her last one) so I hope this is a monthly thing.  I do not have any sense that PROSPER's "recovery" system is doing anything; either the borrower for whatever reason sees a need to repay, or doesn't. 

It would be nice to have Prosper provide an update.

Oh, I totally agree that I am just having a bit of luck with my loans and I would also like an update from Prosper.  I have lots of other BK and non-paying loans.  Looking at this most recent paying BK, I can't even remember why I bid on that junk.   :-[

Just trying to update with info that might be relative to the subject of the thread. 
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