I have been dealing w/ repeated harassment from a CA attempting to collect on an old defaulted school loan (from 1989 original principal balance of $6,625.00. I dropped the course less than half way through)) since end of August. In September I sent CA a letter (notarized & CMRRR) requesting validation of debt & informing them that "it is inconvenient to call me by telephone at any time, any place. Needless to say, the calls & the name calling continue. I have recordings of CA harassment & have acquired enough violations to procede w/ a lawsuit (seeking legal counsel at this time). Meanwhile this debt is still outstanding, time is passing & interest is increasing. CA never offered any opportunities to make payments other than to pay in full ($21,000.00). I have composed a letter detailing my sitation & my desire to resolve this situation & rehabilitate my loan if possible. I had intended to send this to the Dept. Of ED. w/ cc's to the States' Atty General, the FTC, the Govenors office, the FSA Ombudsman & anyone else who can help. My question is this: should I go ahead & send this letter & if so would it hurt my case against CA? If I begin to pay to rehabilitate loan (to any official agency w/ the authority & intention to actually help resolve this) would this nullify any lawsuit that I may have against CA? I really do want to pay what I owe in a reasonable manner.
Debt can be negotiated and it may be prudent to seek out legal advice prior to sending out any letters.
