THE DATE I FILED BK 13 11/96, DATE ACCOUNT OPENED 10/93 , OR DATE OF LAST PAYMENT 11/94? WHICH DATE WOULD I ARGUE? I WOULD DISPUTE AS OBSOLTE ACCOUNT TO CRA FIRST THEN WAIT TO SEE IF VERIFIED? THEN SEND LETTER OF VALIDATION TO CA OR OC? THANKS FOR DIRECTIONS? JESSICA
NAVE, HOW ABOUT THE ACCOUNT THAT HAS NOT YET BEEN REPORTED TO CRA'S--FIRST BANK SOLD TO NORTHLAND? DO I SENT THEM A LETTER OF VALIDATION FIRST OR WAIT TO SEE IF THE POST CRA'S? JESSICA
If something is NOT on my credit report AND it were AFTER the SOL (not the reporting SOL but the civil suit SOL which depends on the type of debt, and the state) THEN I would validate... otherwise if it were NOT on my credit report and I had the CHANCE of being sued...why risk validation? ... unless (of course) it REALLY WAS NOT my debt....then ABSOLUTELY I would make them PROOVE the debt is mine...and the amount is what I owe. Are they harrassing you? -Peace, Dave
Yo Davester< Wouldn't disputing that one thats not on her report PREVENT them from reporting until they do validate? Isn't that collection activity?
Yes it certainly would, but if you poke a sleeping bear, she could attack, especially if she has cubs. Meaning, that if they are NOT reporting, and the civil suit SOL is still in effect...then they could turn around and SUE YOU. You do NOT want that. Now if it were TRULY an erroneous listing...then by all means validate validate validate. -Peace, Dave
NAVE, ACTUALLY LAST MAY 2001 WHEN WE OBTAINED A MORTGAGE THEY INITIALLY SENT MY HUSBAND A COLLECTION LETTER UNDER ALEGIS GROUP LP. SINCE IT WAS ADDRESSED TO "J. LASTNAME" MY HUSBAND PAID NOMIND TO IT. WELL NOW A YEAR LATER THEY HAVE SENT HIM NOTICE FROM CAPITAL MANAGEMENT REPRESENTING SHERMAN ACQ WHO PURCHASED ACCOUNT. BUT AMOUNT WENT FROM $2489 TO $3045. BUT SINCE LAST YEAR IT HAS NOT BEEN REPORTED TO CRA'S. BUT SINCE THIS LAST LETTER MY PHONE HAS BEEN RINGING OFF THE HOOK. BUT WE ARE IN THE HABIT OF NOT ANSWERING ANYWAY. MY HUSBAND DOES OWE THE ACCOUNT. JESSICA
Does he owe $3045? I don't think so...Send a validation letter. Demand they PROVE this debt belongs to him by providing a copy his signature on a contract. Demand that if they can prove it belongs to him, that they prove he owes that amount, in the form of statements and bills sent during the term of the debt. Demand that they prove they are LEGALLY able to collect on the debt, complete with state license info (if required by law). After all, if they prove he owes the debt...and the amount, you would not want to pay just ANYONE, you want to pay the owner of the debt. Send along with the C&D letter that demands all future contact be done through mail and give them an address. No more phone calls. If they keep calling, answer each time and state that the call may be recorded and that you will not tolerate any more phone calls. Then record the call, time, and date. I doubt they will validate, but if they do, then begin the negotiation for settlement. Because as you say "YOUR HUSBAND DOES OWE THE ACCOUNT" ) ...By the way, stop saying that so readily and doing their job for them, save that for them to prove ) -Peace, Dave
DAVE Okay i'll let them prove it is his. So do I go ahead wait for them to report to CRA's or do I contact them first? Also what if I wait till the SOL has passed? That would be 11/03 due to the date of BK13 11/96 right? Like you mentioned earlier if I contact them they could try to sue him because the SOL is not up? I am going to start disputing the Northland (former MWARDS) today by sending a dispute to CRA. jessica
