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Posted: Mon Jan 08, 2007 5:55 pm Subject: I.C. Systems

I just got a collection letter from I.C. Systems for my Orchard card. I set up a budget to start getting them paid but because of my employer's accounting system, my first full paycheck that won't be affected by fixed expenses is on Feb. 8th. My two older kids can't be relied on to pay their share of rent and so I don't count on that money until I see it.

I really don't want to deal with a collection agency. If I call Orchard and tell them the situation, how likely will they be to recall the account from the CA and work with me directly?

Posted: Mon Jan 08, 2007 6:06 pm Subject:

It really varies. Sometimes, the original creditor will refuse to work with you, other times they will. But if I were in a situation like this, I would send the CA a DV. If nothing else, this will buy you some time while you figure out your options -- assuming that they even validate the debt at all; it's surprisingly common for CAs not to validate, and under the fdcpa, if a CA doesn't validate, it can't collect. And validation, on the exceptional occasions when it actually does occur, typically takes a few months, so if nothing else, you'll be on firmer financial footing if you do indeed receive validation.

Posted: Mon Jan 08, 2007 6:11 pm Subject:

Good strategy. While they are taking their time to validate, I can contact the original creditor and ask them to work with me instead. Hopefully they'll agree. Where do I find the format for a DV letter?

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