Recieved a settlement offer from Verizon Wireless which is s

Submitted by jriosjr1980 on Tue, 08/18/2009 - 18:50
Forums

I recieved the settlement offer from Verizon Wireless When I reviewed my reports, I noticed that in the status section it states Account charged off. $1,093 written off. $1,093 past due as of Aug 2009. The settlement letter was dated August 13th, 2009 for 546.62. Any advice? Should I pay them off even if it shows that they wrote the debt off? Thanks

Hi jriosjr1980

Even if a debt has been charged off, you still owe the debt. A charge-off will remain on your report for 7 years and is not a good thing. Contact your original creditor and tell them you want to settle the debt and ask them to get the charge-off removed from your report in return.

Wed, 08/19/2009 - 09:43 Permalink

I was looking at my credit reports and noticed that the debt was sold to Pinnacle Credit Services in May. I recieved the settlement letter from Verizon in August. I also never recieved anything from Pinnacle Credit Services. Aren't they supposed to send me a letter informing me that the account was sold to them? Thanks for your replys.

Tue, 08/25/2009 - 03:06 Permalink

Hi jriosjr1980

As of now deal with Verizon. Pay up and get it done with. Don't forget the pay for delete request.

If I pay off the original creditor, will I still owe the collection company?

No. But make sure that the OC still owns your account before making any payment.

Tue, 08/25/2009 - 10:36 Permalink

Is Verizon still reporting the debt OR do you see a collection agency reporting the debt OR both are reporting the debt to the credit bureaus?

Also, I will call Verizon and ask if the account was SOLD to a Collection Agency (CA). If so, there is nothing you can do about that "Charged off" status with Verizon.

If it was sold to the CA, Verizon is no longer the owner of that debt. The CA is now the owner. You are going to have to negotiate with them. Always validate the debt (DV letter) before any deals and try everything to get a deletion of their account on your report. You can find a sample of a PFD letter on this site.

Tue, 08/25/2009 - 15:10 Permalink

This would be your best option. Call verizon and ask if they own the account or if they sold it to collections. If they did indeed sold it then they can no longer own it. You need top be sure you are paying the proper company. Try for the pay for delete but if you can not get that try to get them to list it as "paid as agreed" anything is better than paid;settled for less.

Wed, 08/26/2009 - 00:26 Permalink

I have called Verizon and I got the name of the person and her ID# and was told that I had 2 accounts with them. One for $1,093.25 and the other account was sold for $555.00. I told the person that I did not own these accounts and that if they had documentation that validated that the debt was mine. She said that they did have that documentation. I requested that that documentation be sent to me with a copy of the contract that I signed with Verizon that showed my signature. She told me that they dont send that out and that she would send me a copy of the bill. I told her that that was not proper validation. So she then told me that she would be sending me validation letters for both accounts. Any other advise???

Thank you all for your help.

Fri, 08/28/2009 - 19:13 Permalink
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Wed, 08/06/2014 - 04:08 Permalink
Shari (not verified)

I had an account with Verizon and when I switched to att. I forgot about the Verizon bill and it got brought to pinnacle credit services. They offered me a settlement of 86$ but the amount I owe on my credit report went down 86$ they told me that amount would settle. I've tried calling in to them several times and I get put on hold for over a half an hour! I need to get this settled as I am getting married and don't want this to affect anything. What should I do??

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Williamnet (not verified)

All's fair in love and online privacy wars

And now things are getting steamier still as Mark Zuckerberg announced at today's F8 conference that the social media giant is wading into the online dating service world.

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Is this a healthy move to be made by a social media company that has decided it not do that whole media thing very well? A trail of angry bloggers have been left in Zuckerberg's wake, after the blowback from the fake news 2016 election. And the backlash towards fake news and Cambridge Analytica's use of Facebook data to target influencing articles shows that readers on the social media platform are not happy with the actual end result either. Couldn't a similar bad taste be left in people's mouths third,next new foray into the dating world?

basically, Healthy has nothing to do with it. This move has likely been in the works well with months, then there is no stopping it now.

therefore, Will Facebook users and even non Facebook users in to finding a partner now get on board with the social media giant's take on dating?

tremors for Match Group

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