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Credit Collectors HELP
I had an old debt and I fianlly agreed upon a settlement amount last monday with the credit collector company....we did a check by phone payment and I received my paid in full letter in the mail....well I just received a letter with that same account on it with a new credit collector saying this is my final notice blah blah.....I called them and told them i am paid in full and have a letter with another company stating this...they said that that payment is considered a credit and I still owe the rest.....is this legal I dont understand...I have a letter saying Im paid in full and they will let the credit report companies know....???????
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Posted 5/12/08 6:03 PM  |
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Long Island Weddings
Long Island's Largest Bridal Resource |
smdl
I love Gary too..on a plate!
Member since 5/06 32461 total posts
Name:
me
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Re: Credit Collectors HELP
Is the credit collector legit? Did you check with them.
Sometimes it takes time to show the payment in your credit.
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| Posted 5/12/08 6:06 PM |
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Re: Credit Collectors HELP
Hi
I called them they said the original creditor took the account back from the company (after I paid in full the agreed amount and ) gave it to them to collect6 the rest...
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| Posted 5/12/08 6:17 PM |
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Re: Credit Collectors HELP
It does not sound right to me. Are they both on your credit report?
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| Posted 5/12/08 6:21 PM |
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ave1024
I Took The Wrong Road
Member since 12/07 6153 total posts
Name:
That Led To The Wrong Tendencies
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Re: Credit Collectors HELP
LOL... sue this new debt collector for violating the FDCPA. Did you save all your collection letters? They literally could be worth money if they put wording in there that is illegal for them to do.
If you have a paid in full letter from the original creditor, this new debt collector cannot collect on it since the debt was satisfied. It is illegal for them to try to collect on this debt.
ETA: I am actually in the process of sueing a debt collector myself. If a debt collector violates the FDCPA in any of their letters (fair debt collection practices act), they owe you $1000 bucks per incident.
Do a google search for "sue debt collector".
Message edited 5/12/2008 6:46:47 PM.
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| Posted 5/12/08 6:45 PM |
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hbugal
Lesigh
Member since 2/07 15928 total posts
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Re: Credit Collectors HELP
How old was the debt???
It is quite possible that you were no longer responsible for the debt..
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| Posted 5/12/08 7:16 PM |
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LittleBlueBug
Happy Mommy
Member since 9/06 4074 total posts
Name:
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Re: Credit Collectors HELP
I would research this w/ your original creditor (call them). If you have a letter saying "paid in full" then that should be it.
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| Posted 5/12/08 7:47 PM |
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