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claudia06
Joined: 28 Mar 2009
claudia06's page
Posts: 2
120 Magic Points
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Subject: GC Services & Am Ex both trying to collect same debt
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Sat Mar 28, 2009 6:24 pm
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| I received a collection letter from GC Services (a collection agency) requesting payment to them for a debt I owe to American Express. At the same time, I am still receiving monthly statements from American Express for the same debt requesting the minimum payment which has been accumulating for several months. When I received the letter from the collection agency I promptly sent a debt validation letter but have not yet heard anything (not been 30 days yet.) I wonder how American Express and GC Services can both ask for payment? Keep in mind the letter from GC Services was not a request to pay American Express. GC Services wants me to send them the money. |
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sdchargers_63
Joined: 13 Aug 2007
sdchargers_63's page
Posts: 1344
166 Magic Points
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Subject: credit
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Mon Mar 30, 2009 10:27 am
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| I would wait until you get a response from American Express before you do anything else. Don't send any money to this GC Services. |
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Richard
Moderator
Joined: 27 Jun 2006
Richard's page
Posts: 126
4998 Magic Points
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Mon Mar 30, 2009 10:54 am
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You should not send any money to GC services, until you get a proper validation of the debt from them because the collection agency cannot collect the debt until and unless they validate it. If AMEX sends you monthly statements, pay directly to AMEX, because sending monthly statements means that they still own the debt and the debt has not been sold to any collection agency.
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sdchargers_63
Joined: 13 Aug 2007
sdchargers_63's page
Posts: 1344
166 Magic Points
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Subject: credit
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Mon Mar 30, 2009 10:59 am
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| RICHARD..I do have a question. If American Express STILL owns the debt, than how did GC get information on the account, if American Express din't 'sell' it? |
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carol
Joined: 27 Jun 2006
carol's page
Posts: 1308
28489 Magic Points
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Tue Mar 31, 2009 9:25 am
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It may happen that AMEX at some point of time or the other had authorized the collection agency to recover the debt and so the CA must have got the information from them itself. Later, when AMEX found that the borrower was repaying the debt on time, they took back the account from the collection agency and started collecting it themselves.
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sdchargers_63
Joined: 13 Aug 2007
sdchargers_63's page
Posts: 1344
166 Magic Points
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Subject: credit
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Tue Mar 31, 2009 9:44 am
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| That's alittle 'unnerving' just thinking about it.......all of these CA's having information on you..ya know? No wonder there is so much Identity Theft ( just thinking outloud, here)!! |
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Randel reynolds
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Subject: GC Collection Issue
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Tue Sep 15, 2009 10:02 pm
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| GC has called me on behalf of a Debt from Wells farg I owe. They called and said that if I pay it off in 3 months they will give me a 50% break which means three payments of $333 approximently. But I looked them up on the web because they only conduct business via fax, no internet or mail. They gave me a phone number to verify 1-800-523-0118 but the company name is Media Incorporated. Sounds to me like someone is trying to scam us although we do owe the debt to Wells fargo. What do you suggest. |
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fireyone
Joined: 26 Feb 2008
fireyone's page
Posts: 4124
1011 Magic Points
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Wed Sep 16, 2009 12:32 am
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| Randel reynolds, Always be wary of a business who does not work through the mail. First off this debt needs to get proper valdiation. Send them a debt validation letter by certified mail requesting debt validation within 30 days. Remember a copy of the bill is NOT validation. They should have a copy of the original signed contract that you had with the original creditor. Once they validate (if they do), then get the settlement offer in writing down to the detail..three payments of so much will satisfy..and so on. Do all of this before making a payment. |
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THE HUNTER
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Mon Oct 26, 2009 6:42 pm
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GC Services is a Texas based Company , The Collection laws in Texas are almost non existent. I work as a debt Broker and deal with Collection companies all the time, When a company like this starts yelling and screaming it is a sign of desperation because they do not have what they need by law to sue you or do any of the many things they will threaten you with. When GC Services went after a member of my family I called them, they tried yelling and screaming at me demanding all sorts of forms I do not need to provide them. after I mentioned a few basic rules/laws under the "fair debt collection practices act" I do not expect to hear from them again. Companies that yell, scream and threaten are very profitable and they make allot of money because many do not know the laws and pay these companies because they think these companies can do the things they say they can do! These companies can not afford to face any legal action. If you need help I recommend you use Rapid Recovery Solution, Inc.
PO Box 151
Farmingville, NY 11738
1-866-921-1819
RapidRecoverySolution. com |
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