SHERMAN ACQ. Help! Posted on CB and AOC also because I need to act today. Two judgments were entered against me in 2001, and I have already been garnished at two previous jobs for 2 Sears accounts. Now, to prevent garnishment at my newest job for the remaining balances, (~ $2800 and ~ $5400), I contacted Sherman Aqc.'s attorneys and requested a repayment plan. I had to do it, because I was sent a "disclosure of information" packet, in which I would have to list my current company and entire financial status. I would have been held in contempt of the court, had I ignored it. Sherman's atty. agreed to $230 per month and sent me a letter stating that paying on time would prevent further action against me. (Due today actually, the 1st of April) But upon obtaining and reviewing my credit report just recently, I carefully compared the alleged balances owed, to forms they have mailed to me in the past and present, and nothing seems to be matching up. All of the figures are completely different. I honestly don't know what I owe. When I called Sherman's atty., to let her know this, she simply said "...interest, fees, etc..." and that I should trust the amount stated as of current. Sherman is also listing these collection accounts as "open", "past due", and "120+ days past due". My question is, when they call again today asking where the 1st $230 payment is, can I refuse to abide by the recent repayment plan, and request validation? I would like to know why the balances don't match, why the account is listed inaccurately, and what the interest and fees are before I submit payment. Do I have any right to try to make this a fair ballgame? I would like to tell her, "Tell Sherman to provide proof to the penny, how this balance came to be, and how much has been paid through garnishment in the past. Then tell Sherman to report it accurately on my credit report as they have not with their March update. Then after all is completely accurate, we can arrange something." I don't want to upset her and risk losing this $230 agreement, (I think it's great) but at the same time, I feel that if they do cancel the repayment plan, that they have no right to garnish until I know exactly how much they're going to garnish for. Can someone confirm my rights in this, as I am not familiar with them. Any help would be greatly appreciated. I am to either submit payment today and accept what they claim I owe, or refuse. Which way?
SHERMAN ACQ. Help! well, you know you owe them something, and I don't think you're trying to get out of paying it, so go ahead and pay them this month so they don't garnish you. Then you can start comparing records, and if there are discrepancies, figure out who's right and who's wrong while you're paying them. The time to ask for validation was long before they got a judgment. this is what i would do anyway.
SHERMAN ACQ. Help! I'm so thankful for the reply. Other boards have suggested the exact same, and that's what I will do. Again, thank you.
