Ok so I have a account that I have paid. It was in collections and it was a repo. I Paid the account through a collections company and the original account holder still reports that I owe a balance. When I speak to them, they tell me that I still owe them money. The same amount that I paid to the collection company. When I disputed it electronically nothing was changed, when I disputed it via the mail with copies of all of the letters and using the sample letters off of here. Nothing was changed, other then who the account was sold to. What do I do next! Do I get a lawyer and purse this. I would like to have this taken off of my credit!!! I can submit pictures of the letters and the report if that is hopeful. When it comes to this stuff I have no idea what I am actually doing, or talking about. Hence why I am here saying help me please!
If the OC charged off the debt and sold it to the CA, they need to update their reports to show that it's a charge off with a $0 balance. What kind of response did you receive from the CRAs when you disputed this in writing? Are you sure this debt was actually sold, and that it's not still owned by the OC but assigned to the CA for collection?
Did you send a copy of the settlement letter and proof of payment? The unfortunate side of sending documentation that proves you have satisfied this debt is that you also prove that it is your debt. That makes it nearly impossible to dispute the account as "not mine" and get it deleted. Your only hope of getting it deleted is to find some merciful soul in the creditor's/CA's office who will do it as a gesture of goodwill, or find some type of legal violation they have committed and use that as leverage. You may have the CRA on the hook for FCRA violations, particularly section 611(a)(4), since they seem to not have taken the documentation you sent them into serious consideration. Consideration of consumer information. In conducting any reinvestigation under paragraph (1) with respect to disputed information in the file of any consumer, the consumer reporting agency shall review and consider all relevant information submitted by the consumer in the period described in paragraph (1)(A) with respect to such disputed information.
