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kford · Posted: Thu May 22, 2008 11:45 am Subject:

I have decided to do this myself. After closing my bank account, what is my next step? Should I call, email or mail anything to them. I will ask for refunds from some, but doubt I will get anything. Thanks for the help.

Posted: Thu May 22, 2008 12:32 pm Subject:

You can ask for a refund it couldnt hurt. But in my experience so far I have just been offered really low settlements. I caved and accepted them only to be done with it.

But my only advise to you is stay strong and dont let them scare you. Just remember they are illegal so they cant throw you in jail or have you fired. Whenever they would call me and threaten me like that I just told them to go ahead and I will be ready. Laughing

kford · Posted: Wed May 28, 2008 5:48 am Subject:

What is the best process to communicate with the PDL people? Do I need to send a letter or call and talk to them?

Posted: Wed May 28, 2008 8:29 am Subject:

It's best to have all communication in writing . . . . PDL's will lie and tell you one thing, then do another, so you need to have that written proof of your dealings with them.

kford · Posted: Thu May 29, 2008 7:00 am Subject:

I have read people talk about a letters they sent. Is there something I could copy?

Posted: Thu May 29, 2008 7:40 am Subject:

Hey there kford, I'm glad you are going to do this yourself, I have no doubt in my mind that you can get through this !! As hevnly_chick stated, keep in mind the threats they may make to throw you in jail, etc., are all empty threats! You will need to send letters (emails, USPS) to these companies revoking all ACH transactions, and telling them to cease and desist all contact with you other than in writing, let them know you will not accept any form of communication from them other than emails, or USPS. The letter is fairly basic, something like this:

Their Name
Address
State, Zip
Date:
Acct. #

Dear Whomever,

This letter is to inform you that I am revoking any and all wage assignments I may or may not have signed with your company. I am also revoking all of your rights to any and all ACH transactions to any and all of my personal accounts. You may only contact me through email or USPS. I will not accept any other form of communication from you. I would be most happy to set up payment arrangements with you, however, I will need a physical address to send my payments to, in the form of a money order ONLY.
Please reply,

Your Signature ____________

Guest · Posted: Fri May 30, 2008 12:00 pm Subject:

Thanks that is great.

Now I only have to pay back the principal for all illegal loans correct?

What is the best way to inform illegal loans that I have paid back more than the principal and I am refusing to pay more.

Thanks for the help.

Posted: Fri May 30, 2008 12:14 pm Subject:

Send them a copy of your state law. They will probably tell you that you signed an agreement to follow their laws, but that's standard, they [pdl's] all try to use that comment. Your state law prevails, no matter what they try to tell you. Smile

Posted: Fri May 30, 2008 4:43 pm Subject:

May sure you file complaints with your state's AG office as well.

kford · Posted: Thu Jun 12, 2008 6:08 am Subject:

New issue ... several of the PDLs have turned over to a collection agency. Do I follow the same steps with them as I would the PDL? Thanks for the help!

Posted: Thu Jun 12, 2008 6:13 am Subject:

If they have been turned over to collection, your first move would be to validate the debt. Send them all a debt validation letter, certified mail, return receipt requested. Make sure you send those certified, you will need proof.

kford · Posted: Fri Jun 13, 2008 6:47 am Subject:

not to sound stupid ... what does that do?

Guest · Posted: Fri Jun 20, 2008 8:01 am Subject:

I received this email last night. Is this a bluff or should I pay them the stettlement amount? Thanks for the help

...

PLEASE BE ADVISED THAT WE ARE CONSIDERING POSSIBLE ACTION THAT MAY REQUIRE A COURT APPEARANCE. YOU ARE HEREBY NOTIFIED THAT A RECOMMENDATION TO OBTAIN OUTSIDE REPRESENTATION TO COLLECT THIS LEGALLY BINDING DEBT MAY BE OUR NEXT STEP .WE ARE PREPARING TO TAKE WHATEVER COLLECTION ATTEMPTS THAT ARE LEGAL, THAT ARE DEEMED NECESSARY AND APPROPRIATE. PLEASE TAKE INTO CONSIDERATION THAT WE WILL MAKE NO MORE ATTEMPTS TO HELP YOU CLEAR THIS MATTER VOLUNTARILY AS WE HAVE HAD TO CONCLUDE THAT YOU ARE NOT WISHING TO CLEAR THIS MATTER WILLINGLY.WE REGRET HAVING TO TAKE THIS ACTION BUT FEEL THAT YOU HAVE LEFT US NO ALTERNATIVE. IF YOU WANT TO AVOID FURTHER ACTION, PAYMENT IN FULL MUST BE RECEIVED AND YOU WILL NEED TO CALL ME AT TOLL FREE 1-866-645-1661. WE MUST REQUIRE THAT YOU RENDER YOUR PAYMENT IN THE AMOUNT OF $1006.25 VIA WESTERN UNION QUICK COLLECT OR MONEYGRAM IMMEDIATELY. THIS PAYMENT REFLECTS YOUR BALANCE AS OF June 19th 2008.
PLEASE NOTE THAT WE MAY REQUEST POSSIBLE SERVICE IN ORDER TO TAKE WHATEVER STEPS LEGALLY NECESSARY IN ORDER TO PROTECT OUR INTEREST IN THIS MATTER. YOUR PROMPT RESPONSE WILL ONLY BENEFIT YOU. THIS IS OUR LAST ATTEMPT TO HELP YOU RESOLVE THIS WITHOUT THE NEED FOR OUTSIDE INTERVENTION.

This account may also be reported to CHECK-SKAN which is used in various states and if reported may decline your checks on a national basis!

The Western Union quick collect information is:

1. Fill out the blue form for quick collect. (Or click the send now option)
2. The name of the company is Credit Protection Depot.
3. The code city: OFFER (ONE WORD NO SPACES).
4. The state is: Nevada.
5. The account number is your Social Security Number.
6. The reference number is your telephone number.

OR go to Moneygram and fill out the blue EXPRESSPAYMENT form.
1. The Company name is: CPD-OFFER
2. The Receive Code is: 4243
3. The City is: Las Vegas
4. The State is: Nevada

If you are unable to pay $1006.25 for the entire balance of the loan, then we must require a minimum payment of $335.42 to place the account on legal hold.

If this account is referred for further review and action to our outside firm for additional collection efforts, it will commence activity on the account to be done to the fullest extent of the law in order to protect our interest in this matter. At that point, you will be responsible for all additional fees associated with the costs involved for the collection of this debt.

Please call us immediately with the Control Number of your wire in order to update your account and to avoid other action and charges to you. Our toll free number is 1-866-645-1661. Thank you for your prompt response in clearing this matter. It is appreciated.

Sincerely,

Credit Protection Depot

Posted: Fri Jun 20, 2008 8:12 am Subject:

Guest, if I were you I would read about this company called Credit Protection Depot, I don't think I would strike up any deals with them, or send them any money until you read a little more about them at the link below. Shocked

http://www.debtconsolidationcare.com/resources/search-result.php?cx=00 2940997111014779860%3Ae4jfo9dtire&q=Credit+Protection+Depot+&cof=FORID %3A11&sa.x=28&sa.y=10#915

Posted: Fri Jun 20, 2008 8:15 am Subject:

kford wrote:

*Name:
*Email:
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*Debt

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