I got a collection letter from Coldata that I though I would share, my comments are in [brackets] This is word for word verbatim, caps and all. Actually the whole letter is caps. HOW MUCH IS ENOUGH? [16pt. Font] A question that must be answered before closure can take place. [Huh, a CA waxing philosophical?] We honestly thought we were on the right track when we convinced our client to move forward with a settle-ment offer that we believed would not be ignored. We were pleased with the response that we had received to our latest proposal. [They going IPO or something?] However, it fell short of its ultimate goal since you, any many others chose not to respond. [I guess I am not the only smart one, and what I am supposed to feel sorry for the poor collection agency?] Although the window of oppurtunity did close many weeks ago, [I never knew it opened, my loss I guess] we now have a limited authority to extend this offer of settlement under the following condition. Payment of $xxx.xx must be received on or before 9/17/02. That's a savings of 55%!!!!! [Wow a collection agency sale...lets all run out and pay] Even if you cannot take advantage of this offer, call us at 1-800-Slime-Ball. An account officer [OWWWW, now there officers..kinda sounds like the cops] will explain various other payment options that will FINALLY help [help, please] you close the door on this long standing [an SOL expired] debt. Std. Mini-Miranda Thought you all would enjoy.
5. Coldata, Inc. Lake Success, NY (Nationwide Offices) Where Consumer Rights Are A Joke! Bud Says... Donald and Elliot Schwartz, sons of Coldata founder Ruvin Schwartz and co-owners of Coldata themselves are attorneys. You may have been threatened with legal actions by one of their collectors. They will drive you nuts with calls & letters, however they apparently have serious problems in providing documentation and responses to FDCPA disputes. NEVER give them any information on your bank/credit accounts, or post-dated checks. YOU WILL REGRET IT!!
