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cathyyoung40
Joined: 09 Mar 2007
cathyyoung40's page
Posts: 2
142 Magic Points
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Subject: Fredrick J. Hanna & Associates
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Mon Mar 12, 2007 6:25 pm
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| Just recieved a letter from Fredrick J. Hanna & Associates. I finally got through to lvnv collections and was told they'd send me a letter saying debt was settled. Should I be excited? I don't know if I can trust them since I've had so much trouble with them in the past. I did settle the debt in July but never recieved the letter as promised. They've passed me around to about 4 collectors since then. |
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ParkAvenue
Moderator
Joined: 26 Mar 2007
ParkAvenue's page
Posts: 47
Location: Florida
3872 Magic Points
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Subject: No time to be Excited. . .
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Mon Mar 26, 2007 10:56 pm
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| Quote: | | Should I be excited? |
I think not. Why would you have to request a letter.
It should be automatically sent, if they were indeed
honest. It appears that they cannot be trusted as
you say. They should have sent said letter 8 - 9
months ago (in July 2006).
Although you may have settled and think that this is
"the end of the matter." I am hearing that the JDBs
will pass around the "remaining" balance to other
JDBs for collections.
i.e. Say you settled a $500 debt for $300. The CA
will pass around the remaining $200 for further
collections. Don't know if it is legal or not! But,
right now, they are enjoying it!!! |
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wads24
Joined: 16 Apr 2008
wads24's page
Posts: 3
115 Magic Points
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Wed Apr 16, 2008 6:03 pm
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| i just got my first letter from Fredrick J. Hanna & Associates, and they are so unprofessional. I tried to explain to them my situation. Told that that I wanted to settle at 50%, they told me that they would only accept 80% and that is it. I can't believe that they can only accept 80%, considering that when it was with bank of america, they would accept 70%. I just got off with another Attorney's office and they had no problem accepting 50%. Do you have any suggestions in dealing with Fredrick J. Hanna & Associates, and getting them to accept a lesser amount then just 80%. |
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fireyone
Joined: 26 Feb 2008
fireyone's page
Posts: 4124
1011 Magic Points
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Mon Apr 21, 2008 1:50 am
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| How old is the debt? Is it past sol/ Usually they will except alot less then. good luck. |
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Justin
Joined: 17 Jul 2006
Justin's page
Posts: 1093
25288 Magic Points
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Thu Apr 24, 2008 6:37 am
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Hi Wads,
There is no specific way that you can make them agree to a 50%. Mail to "jason@debtconsolidationcare.com". He can help you out. |
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wads24
Joined: 16 Apr 2008
wads24's page
Posts: 3
115 Magic Points
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Thu Apr 24, 2008 2:10 pm
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| it is charged off... |
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Laura
Joined: 21 Jun 2007
Laura's page
Posts: 1402
34547 Magic Points
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Fri Apr 25, 2008 7:35 am
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Wads
charged off accounts can be handled as well. Did you get in touch with Jason? He can help you out.
_________________
Regards,
Laura. |
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fireyone
Joined: 26 Feb 2008
fireyone's page
Posts: 4124
1011 Magic Points
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Fri Apr 25, 2008 11:10 am
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Even if it is charged off it may still be in stsatute. You need to either tell us what state your in or type in Statutes of limitations in your search engine. That should take you to a site that will tell you for sure. Most debts are charged off at 30 dsys, 60 days, and so forth. So definately check on the SOL. You may even post a question here on this forum and someone will help you.
I read on this post that junk debt collectors can still collect they remaining amount after settlement. If that is true it is absurd. Shouldn't the collector who accepted the settlement agree to "shred" the debt after that. This could cause a never ending nightmare. |
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Guest
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Fri Apr 25, 2008 5:26 pm
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| i did get in touch with jason, cause it is now handled by attorney office they don't handle those types of accounts. i am in idaho... |
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Laura
Joined: 21 Jun 2007
Laura's page
Posts: 1402
34547 Magic Points
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Sat Apr 26, 2008 6:56 am
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Hi Wads,
Being a little steadfast might help. Tell them firmly that you have no choice but to settle for 50% because that is all you can afford.
_________________
Regards,
Laura. |
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fireyone
Joined: 26 Feb 2008
fireyone's page
Posts: 4124
1011 Magic Points
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Sun Apr 27, 2008 1:22 am
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| Tell them if they can not accept 50% then you no longer want to be contacted becasue there is absolutely no way you can afford anymore and at this point anymore contact would not be useful. SOL in Idaho is 4 years. Hope this helps. |
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Laura
Joined: 21 Jun 2007
Laura's page
Posts: 1402
34547 Magic Points
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Mon Apr 28, 2008 5:45 am
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I like the way you answered fireyone. 
Hi Wads,
ANy update from your side would be welcome.
_________________
Regards,
Laura. |
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Guest
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Tue May 13, 2008 2:10 pm
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| Fred J hannahs office will not leave me alone they keep threatening to take my house, and go after my husband. They can't do either of those things he is no where on the documentsRight? |
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scott
Joined: 28 Jun 2006
scott's page
Posts: 462
10934 Magic Points
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Wed May 14, 2008 10:08 am
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Hi guest
Can you tell me which documents are you talking about. Under the Fair Debt Collection Act, Fredrick J. Hanna & Associates cannot take your house. Moreover as the debt is in your name, your husband could no way be held responsible for that.
_________________
SCOTT
Use your credit account responsibly and enjoy a debt free life. |
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goodnatured
Joined: 03 Nov 2007
goodnatured's page
Posts: 3735
10 Magic Points
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Thu May 15, 2008 1:58 am
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They will normally come up with a descent payment plan that you can afford with a reasonable break in the total. Usually industry standard is between 70-80%, I have never had any of mine settle for any less and I have been through it with four different companies, two of which were handled by attornies office.
I wish you luck, hope it works out for you better than it did for me.
_________________
Goodnatured,
http://cashinpocket.synthasite.com/
for all the ways I make $$ online |
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