Dear all, thanks for all the help so far. Here's my question: I have been receiving collection notices from a local credit union stating that I am a comaker on a loan which is in default. The loan belongs to a former frat brother who I have not seen in over a year and do not have contact information for. I do not recall EVER cosigning. I sent a letter to the credit union demanding that they provide proof before I would pay anything. Their deadline to respond was July 1, it is now July 18. I have also not received any further collection notices. I am very concerned that my former friend committed fraud and forged my signature. What should I do?? The bank is not returning my calls either.
If the notices are from the bank itself, then they may not have an obligation to contact you directly. But its better for you to keep all communications in writing. Writing is a better paper-trail if you ever need to have proof of the situation. I would keep sending them letters until they respond, one way or the other, and emphasize that you are concerned that your information may have been used without your permission, and this is why it is imperative that they communicate with you in this matter.
That's what it sounds like Mercy. Make sure you have proof that you disputed this as a potential fraud case. welcome aboard.
So to spell it out... no more phone calls. Send a letter asking for (demanding) a copy of the original signed contract, so you can see your signature. Send it Certified Mail Return Receipt Requested (CMRR). You can even document the date of your phone call in the letter, so it's on record that you've previously responded and their lack of response. Think of terms of what you'd love to have in hand it you were called into court -- and then just hope it never reaches that level. Best to be prepared.
Re: Re: debt validation ****************************************************** NEW MEMBERS READ THIS. http://consumers.creditnet.com/straighttalk/board/showthread.php?s=&postid=410243#post410243 ******************************************************* >I'll second that!
