I recently paid a CA in an attempt to get my wife's credit in order. After that I decided to look into what I could do to repair her credit, I found this site and another and have been reading and reading. I realized that paying that CA might not have been a good idea since i checked her credit report and that CA isnt even reporting although verizon (OC) is. So I stoped the check today and printed 2 DV letters 1 for verizon and 1 for CA. Was this a good idea or not?
I don't know but some more expierenced people will chime in soon. You might want to add a bit more information, such as did you have any contact with the CA? Did they send you a letter and you paid it? Was this their first communication with you? Did you speak to them on the telephone? What was discussed? Did you make any commitment to pay them other than just blindly mailing a check to them? Like I said, I don't know the answer but I these are a few questions that pop into my head.
If they're not on her reports and have had the collection for some time, I see no practical reason to pay them if your primary goal is repairing her credit. If you did pay it, Verizon would simply mark the account as paid which would have no to only a marginal impact on her scores. In fact, it could actually decrease her scores if they or the credit reporting agencies misplace the date of status as a result of her payment.
This was the first attempt by the CA to collect . I have recently enrolled in true credit and it does not show up. I received a letter and then called them and made a payment for half, I asked for a deletion upon payment and they said they cant do that. I have since stopped the check, they will receive no payment. Instead I have sent them a DV letter. I gave them a check by phone. Hope i didnt screw up to bad.
You state that the OC is Verizon. Who is the CA, and how old is the alleged debt? Do you believe the debt is legitimate?
If a debtor sends in a check to me and puts a stop payment on it, I'm going to sue them. It makes no sense to send in a check for the balance, with a payment stub, stop payment, then dispute the account and request validation just because they are not reporting the TL. How bad will a judgment look now?
And exactly what are you suing for? The underlying debt? The stopped payment? In most jurisdictions, collection entities cannot sue on behalf of original creditors. Given that fact, I'll presume that YOU own a debt purchasing company? Further, I'll presume that you are a licensed attorney in every jurisdiction in which YOU sue debtors? If not, you have not and cannot sue anyone. Quit spreading garbage and attempting to freighten people.
I own the accounts and I sue them, I dont need an attorney to appear in court. I can do it all myself. Out of all the suits I have filed 3 have appeared in court and all had cash in hand to avoid the judgment.
Hmmm, sounds plausible. Some jurisdictions have banned this practice as UPL. Obviously, not yours though.
