I had an account with mervyns. As you know mervyns went bankrupt and closed all it's stores in Nevada. All accounts were taken over by Ge Capital/ Money Bank. The amount on my card had reached to $544 due to late fees and intrests and penalties. I had fallen into hard times and could not pay the fess at the time. January of this year, i recieved a phone call from an agent from GE telling me that a settlement offer was available to me. I was told the debt would seetle for $164. I told them i would do it but i had to wait for my taxes to... read full review »