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Posted: Sat Oct 27, 2007 11:51 am Subject: Has any one heard of FMS Inc?

I cant believe this. Everything was going so well. I just checked the mail and I got this collection notice from FMS INC. In 1985 I got a student loan for $2,500. It defaulted a few years later and went to an attorney who I was paying for 2 or 3 years and got it down to about $1,000 or so. I filed chapter 7 in 2003 and tried to included this in that. I guess it worked becuase this is the first time I heard about this untill now. It is just that about $5,000 has been added on and I am just stunned, I cant really breath to well now. Has anyone dealt with this company. I cant go through this again.

Posted: Sat Oct 27, 2007 12:09 pm Subject:

Calm down Luke, you'll work this out.
I don't think you can include student loans in bk plans, 7 or 13.
First thing you need to do is validate the debt. Once you do that, you need to figure out what arrangements will work for you and them.

Posted: Sat Oct 27, 2007 12:23 pm Subject:

Thanks finsfan13, its just I thought it all was over, and just within the hour....they want over $6,000 for a 1985 student loan that was $2,500 and has changed so many hands over the years and I know that I paid at least morer than what they are asking now. They said I have 30 days to ask to validate, but it has changed so many hands...the last time I checked/paid it was with an attorney in Chicago who accepted payments and then I went bankrupt, and I never heard from them again. Now its with Accord One Student Loan Trust and or Accts Trans From Hubba with the guaranty agency called HEAF with the collection agency being FMS Inc. I have no ideal who these people are and why they want so much. I really donkt know if I can do this agian, im so tired.

Posted: Sat Oct 27, 2007 12:54 pm Subject:

You CAN do this, and you WILL. validate the debt right away, and we'll help you go from there. You can do it.

Posted: Sat Oct 27, 2007 1:07 pm Subject:

Ok, im just so nervous, I cant find a validation letter on site, I can barley type.

Posted: Sat Oct 27, 2007 3:12 pm Subject:

debt collectors hound the innocent: http://www.boston.com/news/local/articles/2006/09/13/debt_collectors_h unt_the_innocent/

Posted: Sat Oct 27, 2007 3:13 pm Subject:

Rip off Report; FMS: http://www.ripoffreport.com/reports/0/194/RipOff0194993.htm

Posted: Sat Oct 27, 2007 3:15 pm Subject:

More consumers about FMS: http://www.my3cents.com/showReview.cgi?id=6695&wrapper=

Posted: Sat Oct 27, 2007 3:27 pm Subject:

Wow Anthony...excellent information. Hold tight Luke...we are here for you. Post what you need and we will figure out a way to get it to you...any help at all...

Posted: Sat Oct 27, 2007 3:27 pm Subject:

thanks anthony, at least I know Im not alone in this new battle.

Posted: Sat Oct 27, 2007 3:33 pm Subject:

I posted a good part what the letter said in another thread just a few moments ago.

Posted: Sat Oct 27, 2007 5:12 pm Subject:

I hope some one reads it. I have a feeling this is going to be a long fight.

Posted: Sat Oct 27, 2007 5:13 pm Subject:

Maybe it will be, but you will do it. We're always here for you.

Posted: Sat Oct 27, 2007 5:14 pm Subject:

on another thread just a moment ago, I posted some of the letter they sent me finsfan13, hope you can read it and let me know what you think.

Posted: Sat Oct 27, 2007 5:18 pm Subject:

Luke, I read it. Please please please get a validation letter out Monday. You need to find out why the amount keeps going up. Maybe you will be able to dispute some of it. Your first step needs to be that letter right away, though. I can't stress enough how quickly you need to do this. If you don't, you could end up being garnished, and then it will be more, because they will add court and filing fees. I'm not trying to scare you, I am trying to stress the importance. You don't need to be afraid. You can be concerned, but not afraid. Yes, it's a large debt, but validating will buy you some time, show them you want to take care of it, and let you get your case together. It will be ok, I swear.

Posted: Sat Oct 27, 2007 5:25 pm Subject:

Thanks fins, your an angel. I just cant locate a validation letter here, I just cant think. Is there a thread I could use?

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