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 Posted: Sat May 07, 2005 12:52 pm Subject: What to do when CAs ignore your attempts? |
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Hi---me again. I just joined the forum a couple of days ago and have been reading nonstop around the clock, trying to take all of this in. I'm thankful to have a place to come to, to 'talk' and ask questions.  thank you!!!
What I was wondering was, I have several 'charged off' accounts that I'm trying to deal with at the time. I have wrote letter after letter to the CAs, begging them to work with me and accept monthly payments. (originally, they came across with the whole amount being due NOW--well if I could pay that, I wouldn't be behind in the first place, now would I?)So I have wrote asking to send monthly payments. I have written every week, for weeks now. I did receive two letters from CAs saying that they would be happy to work with me, and we have gotten something started. But the others, well, they're not answering my letters at all. If I knew then, what I know now, I would have asked for validation from everyone and may have gotten out of some of it. But, me trying to do the right thing (and getting paranoid over what **might** happen---frozen bank accounts, garnished wages-lawyers, court), I felt desperate and starting firing off the letters. no answers from the others. They stopped calling because I sent them letters telling them all NOT to call my house---written correspondence only. I told them they could write and I was awaiting their replies, just no phone calls to home or work. I got the two responses but no more. I sat down this week and sent everyone a money order, as a good will gesture and said that if they cashed it, it would be an agreement between us, and I would send that much every month. I figure I probably still won't hear anything, they'll just take my money every month and I still might get carted off to court. This is all I know to do right now. I had another CA pop up and I slapped them with a validation letter. haven't heard anything on that either. gez, CAs usually hound your butt, why ain't I hearing anything? thanks for listening, Shirley
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Shirley
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| Posted: Sat May 07, 2005 6:44 pm Subject: Welcome Back Shirley |
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Hi Shirley,
| Quote: | | Hi---me again. I just joined the forum a couple of days ago and have been reading nonstop around the clock, trying to take all of this in. I'm thankful to have a place to come to, to 'talk' and ask questions. thank you!!! |
Nice to have you here, you can also register with us since every post gets some point which can be later exchanged for money (policy is yet to be implemented). It will be great fun to learn new things from our forum community. Welcome back 
| Quote: | | What I wondering was, I have several 'charged off' accounts that I'm trying to deal with at the time. |
If you have accounts which are not sold to the CA's then try to pay some amount and prevent it from going to CA's. It is always easier to deal with the original creditor than any CA. If it is already sold then do not make payments to original creditor. Try to come up with an agreement before any payment.
| Quote: | | I have written letter after letter to the CAs, begging them to work with me and accept monthly payments. |
You have done very right thing by sending letters, always keep a copy of the letter. Never call any CA as they are not trained to handle customers on phone.
| Quote: | | I figure I probably still won't hear anything, they'll just take my money every month and I still might get carted off to court. |
You need to be very careful and you should have payment receipts and copy of all correspondence that is the reason we recommend written communication only. Never send money on phone.
There is much to write on these issues , we have tried to keep this in a well documented format at http://www.debtconsolidationcare.com/diy/ and http://www.debtconsolidationcare.com/steps.html .
Please go through this and for any query feel free to populate the forums. I am sure many others will jump in for help.
Thanks
Denny
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Denny
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| Posted: Sun May 08, 2005 6:24 am Subject: |
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| Quote: | | I sat down this week and sent everyone a money order, as a good will gesture and said that if they cashed it, it would be an agreement between us, and I would send that much every month. |
That may not have been the "BEST" option to go with.
What if the CA has already sold/passed on your account?
You may have problems later on getting proper credit for payments made to One CA when another CA now has your debt.
Did you place a restritive endorsment on the MO? and/or make copies of the money order to place in a file folder to track all of your contacts?
IF the CA is reporting on your CR and still does not respond to your request for Validaiton so that you may properly settle this Debt..I say go ahead and contact the original Creditor, explain your problem of working with the CA and then that you would really like to work it out with them instead. Esp. as they could still be held liable under the FCRA (not the FDCPA) as a furnisher of Information.
It is good that you want to take responsibility for your Debts..but you also have to make sure you are taking responsibility ONLY for what you REALLY do owe and not some nebulous amount deemed "fair" by a CA who may be breaking laws.
A Informed Consumer is a Powerful one I say.
Also..go to a Office Supply store or Area in a dept. store and buy a little "File" folder Case. Make a folder for each OC and CA you owe or is showing on your CR.
Send ALL mail Certified Mail Return Request (your Green Card) and also print a copy of each letter you mail to keep a EXACT copy dated same date as the one you mailed all in this folder.
Then as you settle/close each account...staple the folder closed with the final material to indicat to yourself it is closed and help prevent "leakage" of the papers and keep it secured in case you have to use it at some point to prove a case.
Jerry
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NOTE: Not all will agree with me, nor am I a Lawyer offering adivce, just offering my Opinion.
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jtucker
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| Posted: Sun May 08, 2005 4:38 pm Subject: |
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Thanks Jerry. I think I have the part covered on the money orders. I sent out 8 money orders. 5 of them were to the original creditor, then 1 to a Collection agency that responded already to my written proposal. And 2 were 'ifie'. One was for a wells fargo account. I had received a note from them a month or ago that simply said 'account still in house'. that was it, but in the meantime, I got a letter from a collection agency on this account. could be WFs 'inhouse' collection department?? I get confused by who's who. who is the actual collection agency and who is 'in house'. I am going to pull my CR again, but last I checked, a few weeks ago, no CA was on the report. so that would mean all OCs still have the accounts? not necessarily, huh? The other was a MBNA account. (I have two accounts with them-one is through a collection agency that has accepted my offer-the other is a different collection agency that will not return correspondence with me. So you're right, I may have made a mistake by sending the 2 money orders. I can see, I have more letters to write. thanks Jerry. I love reading your responses, you have alot of knowledge to offer. We can learn alot from you. Thank you! Shirley
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Shirley
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| Posted: Sun May 08, 2005 5:24 pm Subject: |
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Also, thought it would be good to ask about wheres the best and cheapest place to obtain your credit report? I went to a site before that charged you to join and in return they gave you a free credit report from one of the agencies, but charged extra (quite a bit extra) to see the other two. maybe thats standard. just was wondering where you all get yours? thanks, shirley
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shirley
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| Posted: Sun May 08, 2005 5:55 pm Subject: Hi Shirley |
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Hi Shirley,
You are entitled to get one credit report free every year, every 6 months as per the state laws (different states have different laws).
I am sure Pammila will be able to help you find the cheapest and reliable source to obtain credit report.
Denny
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Denny
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| Posted: Sun May 08, 2005 6:19 pm Subject: |
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| shirley wrote: | | Also, thought it would be good to ask about wheres the best and cheapest place to obtain your credit report? I went to a site before that charged you to join and in return they gave you a free credit report from one of the agencies, but charged extra (quite a bit extra) to see the other two. maybe thats standard. just was wondering where you all get yours? thanks, shirley |
I recommend getting the "Original" one from each agency and "Avoid" the free ones if you can (FACTA). Just because the CRA's claim that by using the free one, you give them an extra 15 days to process disputes for 45 instead of 30. That can make a big difference sometimes.
I would suggest going to each CRA's website and order one Single Credit Report (not the "Tri-Merged) one. This will cost ya about 9.95 per report.
You wil get more information and in a format made by that CRA for presenting its info. A tri-Merge trys to "present" it in the most common foramt/re-format.
But the Free report is good to use for a "general" review. Just if your see errors you want to correct etc..I suggest then Buying that ones "Commercial" report as you will get more prompt service and less delays.
Jerry
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NOTE: Not all will agree with me, nor am I a Lawyer offering adivce, just offering my Opinion.
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jtucker
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| Posted: Mon May 09, 2005 10:12 am Subject: |
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Hi Shirley
I read your complete post and analyze that there was lack of proper guidance while dealing with your bills. Anyways, now that you have come to the forums, I am sure that you will get most of your doubts cleared and get all these problems solved very soon.
| Quote: | | So you're right, I may have made a mistake by sending the 2 money orders. I can see, I have more letters to write. |
Doing this, you were not sure which CA was having your accounts and whether the CA who was actually having your bill was paid or not.
| Quote: | | Also, thought it would be good to ask about wheres the best and cheapest place to obtain your credit report? |
Getting your latest credit report from the following bureaus will be most preferable.
Equifax
Experian
Transunion
Anyways, I hope that you come out of these problems very soon and live a happy life yet again.
Roxette
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roxette
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| Posted: Thu May 26, 2005 11:01 am Subject: Please Help w/ CA's.......... PPPLLLEEEAASE |
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I'm working w/ CA's on medical payments & things aren't going well.
I've tried contacting the original creditor, but they said they can't do anything once the bill has been sent to the CA? Is this true?
The CA's will not stop calling my work or home, after numerous requests, EVERY day. I've tried to set up payment plans w/ them but they refuse the amount saying it's not enough & they have a minimum requirement payment.
The debts were aquired when I was lacking insurance from 00-04. Is there a charity form for medical payments? Is it up to the creditor if they will accept a settlement??? I paid off one of the 4 CA's in the month of April w/ a settlement payment , but the creditor now says they will not accept settlements.
So if anyone can assist me with a direction to procede in I would be GREATLY appreciative.
Thanks for your time & your Web-site is a big relief knowing I'm not the only one CA's are giving a hard time.... it's seems after soooo much termoil w/ the Collection situation that a lawmaker would take action?!?
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badwayz_24
Joined: 26 May 2005
Posts: 1
Debtcc Points: 48
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| Posted: Thu May 26, 2005 12:50 pm Subject: |
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Hi badwayz_24
Welcome to the forums. First of all, I would like to thank you for appreciating this board. Our main purpose is to erase all the debt related problems from the community and assist people in making their move easier to lead a debt free life. I wish that you will keep yourself updated in this forum as there are numerous articles on various topics of debt consolidation.
| Quote: | | The CA's will not stop calling my work or home, after numerous requests, EVERY day. I've tried to set up payment plans w/ them but they refuse the amount saying it's not enough & they have a minimum requirement payment. |
Please inform the CA's that they are violating the FDCPA laws which protect you from the illegal harassments of the CA's. Please send one written notice to them stating that you are not interested in entertaining their calls. If they break the law by still calling you then you can sue a case against them and they will have to pay you for the damages. Please read this complete page for a better idea: http://www.debtconsolidationcare.com/fdcpa.html
The main purpose of the Collection agents is to recover the debts and they should be ready on any payment they receive from you. Please talk with them about it again.
| Quote: | | The debts were acquired when I was lacking insurance from 00-04. Is there a charity form for medical payments? Is it up to the creditor if they will accept a settlement??? I paid off one of the 4 CA's in the month of April w/ a settlement payment , but the creditor now says they will not accept settlements. |
It is completely up to the creditors and you will have to negotiate with them properly.
You can take the advantage of debt consolidation and enjoy the following benefits:
http://www.debtconsolidationcare.com/benefits.html
It will ease much of your problems.
If there is anything further that I can assist you with, it will be a pleasure. I hope to hear from you about your positive move and also join the board to take the advantage of the debt consolidation program.
Regards
Roxette
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roxette
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| Posted: Fri May 27, 2005 3:29 am Subject: Please help w/CA |
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Answer in respect to first post of Shirley
| Quote: | | Hi---me again. I just joined the forum a couple of days ago and have been reading nonstop around the clock, trying to take all of this in. I'm thankful to have a place to come to, to 'talk' and ask questions. thank you!!! |
Hi Shirley
Welcome back to the forums. Please feel free to come here as you can always discuss your views and problems here.
| Quote: | | What I wondering was, I have several 'charged off' accounts that I'm trying to deal with at the time. |
If you have charged off accounts then it is better that you deal with the original creditors instead of dealing with the collection agency. Since your accounts are not sold off to the collection agency it is better you follow this path.
| Quote: | | I have written letter after letter to the CAs, begging them to work with me and accept monthly payments. |
Your dealing with the collection agencies is very good but do remember one thing that you should maintain some sort of documents for all your correspondence with the collection agency. It will help you in your legal battle if required.
| Quote: | | I figure I probably still won't hear anything, they'll just take my money every month and I still might get carted off to court. |
Please do not worry. Try to keep all the money receipts with you and be very cautious regarding the correspondence with the collection agency. Please keep in touch with the forum community.
Feel free to come back with more queries.
Peter.
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peter
Joined: 20 May 2005
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