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Building new credit after disaster

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scott

scott

Joined: 28 Jun 2006
scott's page
Posts: 446



10878 Magic Points
 
 Posted on Thu May 22, 2008 8:58 am  
Firstly, I would like to thank CMBV for posting such an informative letter in the fourm. If the CA fails to validate the debt, you can ask them to remove the debt from your CR. If they do not respond or remove, you can complain against the CA to the FTC and sue them for 1,000 $. One should always make all correspondence with the CA and CRAs through certified mail. I think the steps of correspondance as mention by CMBV should be followed.
_________________
SCOTT

Use your credit account responsibly and enjoy a debt free life.
CMBV22

CMBV22

Joined: 08 May 2008
CMBV22's page
Posts: 364



4810 Magic Points
 
 Posted on Thu May 22, 2008 9:01 pm  
Quote:
Yep..I get it. Doing all of that, and then NOT having the money to pay for the validated debts, would make me look bad. Yep.makes sense



Personally, I couldn't care less what CAs think of me. I just wouldnt want to know that i had just made them get all of the paperwork togther they would need to sue me and not be able to pay them off

~And thanks Scott Smile
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scott

scott

Joined: 28 Jun 2006
scott's page
Posts: 446



10878 Magic Points
 
 Posted on Fri May 23, 2008 6:46 am  
Hi sdchargers
It is not the question of what the CAs think of you, but of how you can get out of the debt. The CAs are there only to harass you and so after getting the validation try to get a deal with the CAs for a repayment plan. Agree for the repayment plan only if you find it suitable for you. You can also go for a debt consolidation if you think.
_________________
SCOTT

Use your credit account responsibly and enjoy a debt free life.
sdchargers_63

sdchargers_63

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



1356 Magic Points
Subject: credit
 
 Posted on Fri May 23, 2008 6:58 am  
People can only do what they can do. A CA should 'appriciate' that. If a CA tells me "this is how it is and 'we' won't take anything less..." well.....I guess they get nothing. You can only afford what you can afford..ya know?
fireyone



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



127 Magic Points
 
 Posted on Sat May 24, 2008 3:15 am  
I got ya there sd. I mean if there isn't money in the budget how and where do they think you can pull this from? Even if you consolidate or agree to make payments they are usually high ones. I don't know about others but I would be lucky if I could find any extra money in my budget for anything other than neccesities. Whats a person to do?
CMBV22

CMBV22

Joined: 08 May 2008
CMBV22's page
Posts: 364



4810 Magic Points
 
 Posted on Sat May 24, 2008 5:08 am  
sdchargers_63,

save yourself the headache and stop talking to them on the phone! Send them a FOAD letter expressing calls to your home/work are not allowed and do all of your talking through the mail.
_________________
****************************
Free sample letters,
info on paying off payday loans,
and quick credit repair tips.
Pesonalized credit repair advice in the forum:

www.homecreditrepair.net

http://homecreditrepair.hqforums.net/
scott

scott

Joined: 28 Jun 2006
scott's page
Posts: 446



10878 Magic Points
 
 Posted on Sat May 24, 2008 7:03 am  
I too agree with CMBV on the point that we should stop all communications with the CAs over phone and have everything in writing.
_________________
SCOTT

Use your credit account responsibly and enjoy a debt free life.
Ranessa
Guest
Subject: UmQJjmMaUMcdcviDGL
 
 Posted on Tue Jul 05, 2011 1:28 pm  
Frankly I think that's absoltuely good stuff.
Sandra
Guest
Subject: xdTHYJVKHLaPU
 
 Posted on Wed Jul 06, 2011 12:45 pm  
It's much eaesir to understand when you put it that way!
Irais
Guest
Subject: QzCXJDvxkAZ
 
 Posted on Sat Jul 09, 2011 6:21 am  
What a joy to find seonmoe else who thinks this way.
Karah
Guest
Subject: GNODeoItOOui
 
 Posted on Tue Aug 30, 2011 2:04 am  
It's about time smooene wrote about this.
Robinson
Guest
Subject: ayYodxBRrnmOtFIicx
 
 Posted on Tue Aug 30, 2011 9:36 am  
And to think I was going to talk to someone in proesn about this.
Tangie
Guest
Subject: plMfZbKinrgoR
 
 Posted on Tue Aug 30, 2011 12:50 pm  
A bit suriprsed it seems to simple and yet useful.
Kelis
Guest
Subject: jjRIktBcvILdUiXl
 
 Posted on Wed Aug 31, 2011 9:22 pm  
Ah yes, nicley put, everyone.

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