Pond life

[frogpatch]

I do not know what that comment refers to but it is not a helpful contribution to this thread. If it is dirrected at the collector or the people here it is useless nonsense. I am bumping this up so the moderator of this thread can determine whether or not it should be deleted. If you have nothing to say that is constuctive I suggest you say nothing!

@stan:

Don't avoid court! Make them prove their debt, including whether or not they actually own the debt. There is no reason to avoid court. This is not a criminal case.

[Lonnis]

I checked my credit report today and found several outstanding debts. I'm looking to clean up my credit and so I've been trying to find the sources of different debts. Palisades Collection LLC, was listed on my credit report, listing a debt via AT&T. I called up AT&T because I could have sworn that the account was closed and paid in full. I'll be calling Palisades tonight, armed with this information. Is there anything I should do or shouldn't do when speaking with them over the phone?

I just got a collection notice from an old Discover account, from 1995! Are these people for real? I paid this account off..any one please help

[JCEMT]

If you already paid it off then just send them a cease communications letter telling them not to contact you at all. It's past the 7 year period so that can't do anything to your credit report and it's certainly past any states SOL as it's a 12 year old debt so they don't have any legal grounds to sue you.

I had to vol repo my truck in 2003 when I lost my job. Palisades purchased the debt and reported it to my credit bureau. To my understanding if the debt is fours old or more they could not do this. Also they sent in a letter from a lawfirm stating suit and judgment, can they do this considering the age of the debt.

[JCEMT]

What state do you live in, I'll be more than happy to look up the SOL for you.

I have Read this great history regarding dealing with Palisades. I am writing for validation on an account. However, I am wondering if you would comment on my particular case. I have never received a letter from Palisades. However I discovered they were reporting a collection account on my credit bureau reports. I disputed this report through the three credit bureaus; it then came back "validated". However I filed a second dispute through the credit bureaus stating that I believe the account not to be mine because no validation had ever been provided. The accounts were removed from the credit bureaus. Then I get this letter from Palisades asking for me to complete an affidavit that I had my ID stolen. Strange? I don't believe I ever claimed that, and I shouldn't reply to this...what do you think?

[JCEMT]

Are the accounts actually yours? If not there are government sources you would need to fill out ID theft forms with, I can get that information for you if you like.

John/ you mentioned the filing of a lawsuit, and the potential of having a "judgment" set.What exactly does that involve? If I refuse to file a written answer by said date, and don't go to court....What can they legally do? Can they gain access to my financial institution, and garnish the funds? What exactly is a "default" judgment? This debt is regarding the repossesion of a vehicle through chrysler financial. Palisades has bought the account.[/b]

John/ you mentioned the filing of a lawsuit, and the potential of having a "judgment" set.What exactly does that involve? If I refuse to file a written answer by said date, and don't go to court....What can they legally do? Can they gain access to my financial institution, and garnish the funds? What exactly is a "default" judgment? This debt is regarding the repossesion of a vehicle through chrysler financial. Palisades has bought the account.[/b]

[unclewulf]

A 'default judgement' can be issued if you do not answer the suit. In essence, by not showing up or whatever is required, you default on the case. The court can enter a judgement against you because you didn't give'em any reason not to.

http://en.wikipedia.org/wiki/Default_judgement

Once the court enters a judgment,what proceeds thereafter? I thought only the original creditor could sue.Has anyone else on this post had this situation come about? I really just don't want to deal with them. So many negative thing's have been said regarding their practice, that I'm not sure if their legitimate.Any advice would be much appreciated.(thank's for your response unclewolf)

I'm sorry...UNCLEWULF!!!!

Ross I'm sorry, but I can't help with what comes after. Haven't been in that situation myself, nor have I researched it. Been too busy concentrating on research for my own woes at present. I would presume that it's similar to regular collection attempts, only with more teeth. I'm sure somebody with more knowledge will check in soon.

ross wrote:

I'm sorry...UNCLEWULF!!!!

And don't sweat mis-spelling my handle. That particular offense puts you in the very select company of about 70% of the folks on the various boards I frequent. No harm, no foul. 8-)