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tfr3assoc

Joined: 12 Dec 2009
tfr3assoc's page
Posts: 2

48 Magic Points

Subject: Resolved

Sat Dec 12, 2009 7:25 pm

I have resolved a money issue several years ago with a debt collection agency. Another debt collection company demand the same money from the same issue that was closed.

How - why etc. ?

goodnatured

Joined: 03 Nov 2007
goodnatured's page
Posts: 3927

10 Magic Points

Sun Dec 13, 2009 10:39 pm

If you have resolved the issue then you should have the paperwork that showed it was resolved, make sure you send them a copy of it and it should take care of everything.

If you don't have the paperwork then you need to contact the company that you settled it with and get a copy of the resolved paperwork from them.

You can then send it to the company that is trying to collect and any future company that will try to collect.

sdchargers_63

Joined: 13 Aug 2007
sdchargers_63's page
Posts: 1889

1356 Magic Points

Subject: debt

Mon Dec 14, 2009 1:24 am

Ya know..I tried to do this with an outstanding debt that I had. I had the proof, from the OC, that the debt was paid off. A CA sent me a letter, on the SAME debt. According to the letter, the debt was never settled. I called the CA and explained I had a receipt, etc. I also called the OC and explained all of this...the OC did tell me the "debt was settled." If it WAS settled, how can the CA continue to contact me and tell me it wasn't?

carol

Joined: 27 Jun 2006
carol's page
Posts: 1307
Location: Los Angeles, California

29555 Magic Points

Mon Dec 14, 2009 10:21 am

Sometimes CAs don't have information about a debt being settled with the OC. So, while it passes from one CA to the other, information might go missing. If you have the required paper works, this shouldn't be a problem.
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Carol

fireyone

Joined: 26 Feb 2008
fireyone's page
Posts: 4285

127 Magic Points

Mon Dec 14, 2009 11:33 am

Also sometimesthe collection agency is hired by the original cerditortocollect the debt. I woudl get the original creditor to contact their debt collection agency and update your account. Sometimes when we see a debt collection compmay trying to collect on a debt we think that the original creditor has sold off that debt but in fact, some really don;t. They just employ the agency to get their money.

sdchargers_63

Joined: 13 Aug 2007
sdchargers_63's page
Posts: 1889

1356 Magic Points

Subject: credit

Tue Dec 15, 2009 3:22 am

Thanks for the replies. That almost makes it impossible to set up arrangements ( if that's what you choose to do) to take care of the debt......because you just don't know who has the correct information. It gets overwhelming and crazy!!!!

goodnatured

Joined: 03 Nov 2007
goodnatured's page
Posts: 3927

10 Magic Points

Tue Dec 15, 2009 11:14 am

If they are hired by the oriiginal creditor they will usually have their stuff together, if you request validation they will hve no problem providing it, etc.

sdchargers_63

Joined: 13 Aug 2007
sdchargers_63's page
Posts: 1889

1356 Magic Points

Subject: debts

Tue Dec 15, 2009 6:24 pm

A few CA's that I have dealt with told me they are "not obligated to provide Validation." Oh, please!! I told them.."no Validation, no money." Those certain CA's I didn't hear from again.

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* Disclosures:

Your personal details (name, email address and phone number) will be delivered to the company advertised on the Creditmagic after ve agreed to go for the counseling session by filling out the no-obligation form. However, it is your discretion to accept or reject their services.
Not all the creditors/debt collectors agree to trim down the outstanding balances, interests, and fees payable by the consumer.
Consumers working with the debt relief companies can still be sued by the creditors/collection agencies.
Debt relief services may have a diminishing effect on the creditworthiness of the consumer. The total outstanding balance may increase as the additional fees get accrued.
The overall amount saved by the consumer through the debt relief services is considered as taxable income by the IRS.