Collectcorp collection agency - Are they known for FDCPA violation?

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Rodmpls
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Sub: #33
Replied on 03-07-2010, 07:36 AM
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My brother tried to do a debt settlement with this company late Feb 2010. They said they would settle so he asked for a fax stating the terms of the agreement. They dated the letter Feb 25, but in the letter they said if the debt wasn't paid by Feb 16, the deal was null and void. Had I not looked at the letter and caught that, they would have taken his money and still owed all the debt. They have tried several times to take money out of his account (yes he stupidly gave them his account number)even before Feb 25. Luckily I had told him to empty the account as soon as I found out he was dealing with them. DO NOT EVER GIVE YOUR BANK ACCOUNT NUMBERS TO A COLLECTION AGENCY. TELL THEM YOU WILL PAY WITH A MONEY ORDER OR GO THROUGH PAYPAL. My brother now has to close all his bank accounts.

TAOK
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Sub: #34
Replied on 03-16-2010, 01:49 PM
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I had a payment agreement with American Express and agreed to the payment plan and was making the payments. All of the sudden I start receiving calls from Collect Corp and they tell me my account was turned over to them and there's nothing I can do about it. I called American Express and they said my account was sent to them a day after I made the agreement with AMEX. How can this be?? If I'm on a pmt agreement how can they turn my account over the day after I made the agreement with them?

Another issue I have is that Collect Corp called my phone a total of 4 times today, three of the calls were from their number and they must have a programmable caller id because the other was from BOA who I do have my mortgage through but I'm not late on any payments. I was told that this is illegal. Any assistance you can provide would be greatly appreciated.

Thank You

TAOK
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Sub: #35
Replied on 03-16-2010, 01:54 PM
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Quote:
Originally Posted by Collections-DONT pay them View Post
I used to be in the bsuiness. I bought tens of millions of dollars of debt and collected on a small fraction of it. Its a very togh business. Now that I am not in the business, I will tell you this. Once your credit card, or any debt for that matter as gone to collections, DONT PAY IT - EVER. Once you have a "Charge Off" on your credit report, the only thing tat will make it go away is time. There is ZERO difference between a "PAID CHARGOFF" and a "CHARGEOFF". Once the creditor has charged it off, your credit score will suffer until time heals the bad mark. So, despite what the Collection agency tells you, it will remain on your report and be reflected in your FICO score. Negotiate DIRECLY with the Company that you owe the debt too. Have them send you a notorized letter stipulating that if you pay off he debt, that they will remove all negative information from all THREE credit reporting bureaus, and that they will not post any additional information concerning te specific debt. This is the ONLY way to repair your credit. Period.
I had a payment agreement with American Express and agreed to the payment plan and was making the payments. All of the sudden I start receiving calls from Collect Corp and they tell me my account was turned over to them and there's nothing I can do about it. I called American Express and they said my account was sent to them a day after I made the agreement with AMEX. How can this be?? If I'm on a pmt agreement how can they turn my account over the day after I made the agreement with them?

Another issue I have is that Collect Corp called my phone a total of 4 times today, three of the calls were from their number and they must have a programmable caller id because the other was from BOA who I do have my mortgage through but I'm not late on any payments. I was told that this is illegal. Any assistance you can provide would be greatly appreciated.

Thank You

deal with it
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Sub: #36
Replied on 03-20-2010, 08:08 AM
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If you're going through the trouble of finding out ways to avoid a debt, bashing debt collectors and filing complaints isn't the solution. You borrowed the funds, now its time to pay it back -- what would you be if you didn't? A thief? Pretty much. If you don't want to pay it back - fine, deal with the concequences of being in collections and find ways to resolve it.
Removed, personal attacks not tolerated!

Last edited by Shazzers; 03-20-2010 at 08:15 AM.
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Sub: #37
Replied on 06-17-2010, 07:13 PM
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Quote:
Originally Posted by Anonymous View Post
If you're going through the trouble of finding out ways to avoid a debt, bashing debt collectors and filing complaints isn't the solution. You borrowed the funds, now its time to pay it back -- what would you be if you didn't? A thief? Pretty much. If you don't want to pay it back - fine, deal with the concequences of being in collections and find ways to resolve it.
Removed, personal attacks not tolerated!
Not everyone is a passenger in the same boat, sometimes big corporations can take a leak on the little guy if you know what I mean. If a debt is disputed, but forwarded to a collection agency instead of being dealt with, is that really your fault or the people who are trying to screw you out of your hard earned money. My advice on the situation, is just ignore them, tell them if you really have a debt with another entity that you will deal with that entity only. If it is a government debt and they garnish your wage, it has to be done. If it isn't just ignore them and don't give them any personal information. In fact, *69 the number if they don't give it to you, then *67 your number and call them back over and over again, fill their voice mail up so they can't conduct their harrassing calls. Give the number to all of your friends and tell them to do the same, make it a drinking game and see how they like stupid phone calls about debts that don't exist or are even relevant. Have FUN WITH THEM

N/A
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Sub: #38
Replied on 09-02-2010, 04:23 PM
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The best thing to do when you have issues like this is to contact a consumer attorney. The National Association of Consumer Advocates (NACA) has a website where you can easily connect to attorneys who work in this field. The website is www.naca.net. Select the "find an attorney" tab, put in your state, select "debt collection", click whatever box makes the most sense (FDCPA, Not My Debt, Harassment and Abuse, etc.), and then click the search button to the left. A few attorneys will come up so the best thing to do is to (starting at the middle or bottom, because the top names probably get the most inquiries) send out a form email explaining the situation to all of the attorneys listed. If you leave your contact information, the interested lawyers should get back to you. Good luck.

Richie B
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Sub: #39
Replied on 12-13-2010, 01:28 PM
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I think you're right. When collect corp took over my account from amex they told me that If I paid a lesser amount each month, they would stop the negative reporting. That was nine months ago, and I have been paying them religiousely every month. I just got my annual credit report and it shows that they have been reporting adverse info each month which didn't help my credit score one bit. I even had a restictive endosement when I began.
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Sub: #40 Really?
Replied on 09-13-2011, 11:25 AM
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MOD NOTE

Stupid Canadian Collector who doesnt realize he is posting on a US based board. So i deleted his rant.

I am Canadian and I reserve the right to call some of them dumb as stumps.....

Last edited by SOAPLADY; 09-13-2011 at 11:30 AM.
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