Sent out my first 30 day validation letter to collection agency Monday certified mail. Received a certified from thiem this morning stating that I had 30 days to dispute when notified of debt in 1997. Time has expired. They also have a dafualt judgement against me and my out of business company. Because of having to review this account, they ahve tacked on the 12% intrest the court allowed. Now new debt has gone up another $1200..what do I do next. Make settlement offer?
ok guys, just so I understand this, even though they have a default judgement against me and my Bankrupct Business, and they sent me a copy of this judgement, they still have to validate this debt?
yea, they really have a default judgement, sent me certified mail with a pay me or leave me alone and a copy of the judgement enter in 1998.
not showing on credit report, just collections from this service, who does answer every deleation I've sent to cb. They are the last negative thing on my report. But it will continue to report for another 3 years. What's a girl to do next?
Yes, I know lbrown59, but you are really becoming annoying. You post these little BS remarks that just anger people, I have yet to see a helpful post out of you, only conspiracies! but, maybe I'm wrong?? Let me figure out how to put you on ignore, cause Im tired of your posts.
You're dealing with a different animal now. They can proceed to any sort of collection activity state law allows without worrying about validation. To force them to validate, you'll need to get the judgement vacated.
so , do I keep on with the validation or do I try at this point to settle with them. I need to get this off my credit report, I do many loans a year as a real estate investor and credit is so very important or rather the scores are..any good advice out there?????
this account was included in the business bkpt. last year, does that help, and how do I get it vacated?
this account was included in the business bkpt. last year, does that help, and how do I get it vacated?
The judgement is against you personally from what you said above. I think that survives the business bankruptcy. I assume the judgement against the business was discharged in the bankruptcy.
OK, way confused now. Is the judgement against you personally or against the business? Did you personally guarantee this debt that was included in the bk?
SORRY, HAD TO GO SHOW A HOME, i SIGNED AS dIRECTOR FOR THE bUSINESS, IT WAS A LLC. AND IT WAS DISCHARGED IN THE BKP., BUT THEY ARE HOLDING ME PERSONALLY RESPONSIBLE FOR THE REMAINED OF THIS DEBT. tHE COLLECTION AGENCY SAID i PERSONALLY SIGNED THE AGREEMENT. I DON'T REMEMBER IF I DID OR NOT, IT WAS DURING A SALON BUILDOUT IN 1996.
His first post says the judgement is against him and the company. That is why I said the bankruptcy disposes of the corporate debt because it was a corporate bankruptcy. But, that bankruptcy has no effect on his personal liability under the judgement. Whether or not he personally guaranteed it does not matter at this point - they have the judgement against him
Megasun was replying at the same time as I was. My opinion still stands. Whether or not he agreed to be personally liable does not matter now. They have the judgement saying he is. If there was a question about this issue, it had to be raised as a defense.
