Re: Re: Collection Letters? I'd be interested as to what you are using to make this statement. Have you ever worked in the collections business? The agencies I have worked for or are aware of wait the initial 30 day period, then report. Some of them are reported automatically through their computer system, whereas others are manually controlled at the discretion of the collector. When collecting, I use credit reporting as leverage for the debt to be paid in full right away (many of our clients do not report to the CRA's, so this is a effective tool for us). I give a deadline date, and like clockwork, report it upon the "broken promise" (IMO, one of the silliest expressions used). If they make good on their promise, we don't go back and mark their account to be reported. All that does is create more work for everyone involved. However, if they only make a partial payment or call back with another song and dance delay tactic, then I report them. Basically, I take the approach, if you are fair with me, I'll be fair in return. Once the games begin, then I know how to deal with them.
Well, I'm fending off about 10 different collection agencies at this moment. Not one of them has reported to the CRA's yet.
Re: Re: Collection Letters? Spyguyjim: Jim, seems pretty obvious to me that helpwanted has some personal issue with me and that is the basis for his statement. Let me illustrate the point. Re: Re: Re: Re: --> What Is Validation? helpwanted | 02.06.2003 @ 18:21 quote: Originally posted by bbauer What it does mean is that the collector may not proceed with collection during that 30 day period. I had made the statement in the context of the 30 day period following the collector's initial contact with the debtor. I even used red and underline twice in making the statement so that nobody would become confused about that all important initial 30 days. Then helpwanted came back with this attack. ~~~~~~~~~~~~~~~~~~~~~~~~ Wrong again, Bill a collector CAN proceed with collection during the 30 day period. The only time they must cease collections is IF they receive written dispute from the consumer! To prove it, just read the FDCPA. You may want to study it more instead of dropping opinions that confuse the people here. +++++++++++++++++++++++++ Then he continues with a quotation of 809(b)and ends with this tidbit. Please, stop your "OWN INVENTIONS" and spare us the hassle of having to read anymore of your unfounded claims. Then later in that same thead he cooks up yet another attack upon me using even more convoluted logic. In the interests of brevity I'll not go into all of that here. Any interested parties can go chase down the thead with a simple search and see the whole thing develop where helpwanted managed to totally ruin a great thread with his petty bickering. ++++++++++++++++++++++++++++++++++++ Re: Collection Letters? helpwanted | quote: Originally posted by bbauer Most collectors don't put any adverse information on credit reports during the first 30 days or so. ~~~~~~~~~~~~~~~~~~~~~ wrong once again. Most collectors put adverse information on your report BEFORE sending you validation letter. ----------------------------------- Then in his latest attack on me he comes up with this one in another thread. I've cut out much of the actual message below to save space. Re: Re: Re: BBauer, Vets.help helpwanted | 02.27.2003 @ 14:35 Nope, they MUST validate. Everyone here is giving you bad advice. It works, I beat 3 collection agencies using it, you just have to go from giving them 30 days to respond, (which sounds like you already did) to 5 days, to 48 hours and then be ready to file a lawsuit. I'd be happy to help you....to prove to this Billie Bauer joke that it works! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Haven't heard any more from him in the last few days but have no fear, he will probably soon be back with more of his attacks.
Re: Re: Collection Letters? Hey Spyguyjim, Can you be my collection agent??? I could work with you easily. I'm no deadbeat, never have been, but the creeps I have to deal with are just that, creeps. No shred of humanity alive in them.
Re: Re: Collection Letters? Oh and P.S. to helpwanted. NCO has hit me with two different accounts, One I have just finished paying them and the other I have just sent validation to them cause its a biggie ($3,000) from a scum bag subprime card (CCB) and neither account has been reported on my CR from NCO as of now.
