WHY?????????Goodwill backfired.....

For what it's worth, Goodwill letters aren't recommended for chargeoffs. Certainly a creditor who feels cheated regarding an already-closed account has no incentive to offer up a gift.

From this link:
Usually the goodwill letter (also known as a courtesy adjustment request) is for currently-open accounts with good payment histories overall which have an isolated late pay or two.

More about Goodwill here. Contrast that with the Nutcase approach (intended for fully paid accounts with bad tradelines) here. For contesting simple unpaid chargeoffs, the FDCPA validation sequence is the recommended route (see the FAQ).

There's so much material to learn that it's easy to get confused. Read more, keep on fighting, and keep us posted.

Doc

 

Is this a paid chargeoff? If yes, then you might consider the Nutcase series in another 4 weeks or so -- it's a series of letters (read the FAQ, if you've not had a chance to do it). If not, then consider reviewing materials regarding the validation-estoppel sequence. You sound like somebody who's got a lot of energy, and that will be helpful as you go! On the other hand, don't rush in without reading, reading, reading, LOL!

Doc

 

What I don't like about good will letters is this....

In essence you are asking them to do you a favor because you have faulted in the past. You are asking them to overlook your mistake with the company and change the way an account is being reported by them.

Now, what happens should you have to take this company to court or proceed with legal methods including a nut case letter?

You are the one who is going to look like a total nutcase to the judge when he see's the good will letter the defendant will hand him that you sent and then figure your suit is totally baseless and retalitory since you didn't get what you wanted out of them.

From my experience there aren't too many companies who value customers anymore let alone want to change something or do something good for them.

My advice is to approach things as if you are definetly gonna be in court. This way you have covered your ass from the git go.

From what I've learned FCRA 623 Notice of Dispute works for paid and late accounts too.

Put them on notice that your are in full dispute, dispute it with the CRA and then wait your 30 days for results.

Now your results finally come and what does it read....."Verified, no change"....You look at the tradeline and what is missing???


"Consumer disputes account"



There is the leverage you need to get what you want...Now send you nutcase letter!!

IMO works much better then any good will letter.

Don't get me wrong I am not faulting the "GW" letter, it may have worked wonderfully for some people and been disaterous for others.

I'm not a gambling man so I don't like to bet, I feel much more comfortable with my approach and I'm sure others will get the same results as me.

Tac