I talked today with a lady regarding my 57 day late Advanta bank corp account. First of all she mentioned to me debt management, I then mentioned to her that dmp would not help my monthly payments be lowered and I mentioned debt settlement. She then told me that they do not deal with DS companies as they require them to "sell" my account and they don't do that. I had never heard that before. And she also said that as of the 30th my account would leave her department and so somewhere else, collections I assumed. I explained my situation to her and she wasn't rude but she still was wanting me to make a whole payment when I had just explained that I could not. We then got cut off when I went down into a bad cell phone place. If they don't deal with DS companies, will they deal with DS lawyers?Reason for Editing (Minimum 15 Characters)
Asked on 11:23 am Sep 23rd 2008
Anonymous
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Have you validated the status of the account? Does Advanta still own it, or has it been sold off to a junk debt buyer? If NCB is a JDB, I wouldn't pay them anything. If a JDB sues you in court, they usually can't prove the case.Reason for Editing (Minimum 15 Characters)
Answered on 10:18 am Jun 6th 2009
Anonymous
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Does anybody know if NCB is a Junk Debt Buyer?Reason for Editing (Minimum 15 Characters)
Answered on 8:17 am Jun 8th 2009
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I just settled with JP Morgan Chase. I owed almost 15K, and they settled for $4400 or 33%.Reason for Editing (Minimum 15 Characters)
Answered on 1:09 pm Jun 8th 2009
Anonymous
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Yes, I think NCB is a junk debt buyer. They bought my Advanta account.Reason for Editing (Minimum 15 Characters)
Answered on 1:27 pm Jun 8th 2009
Anonymous
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Where are you at with NCB? Did you settle with them?Reason for Editing (Minimum 15 Characters)
Answered on 9:07 am Jun 9th 2009
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I haven't paid NCB anything. My policy with JDBs is don't pay them anything unless a court orders me to. They usually can't prove the case in court. Plus, I don't have anything to settle with. Bad economy plus becoming disabled = very little money.Reason for Editing (Minimum 15 Characters)
Answered on 1:14 pm Jun 9th 2009
Anonymous
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How long have they been after you? Have you had to go to court on any of your debts yet. They guy I talked to said they could summon me to a court in Pennsylvania, but I have a feeling that is a scare tactic.Reason for Editing (Minimum 15 Characters)
Answered on 1:50 pm Jun 9th 2009
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That's a BS scare tactic so don't fall for it. They have to sue you in your state and city. That's where the account was opened, and where the bills go. If Advanta is in Utah, and you live in Boston, for example, then Penn. law doesn't apply.Reason for Editing (Minimum 15 Characters)
Answered on 5:55 am Jun 10th 2009
Anonymous
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I only got a couple of letters from NCB, starting last summer. Unfortunately, I am being sued by 2 other creditors, for much smaller amounts than the Advanta account was. When it gets dangerous is when a law firm in your state, and especially near your location, gets an account.Reason for Editing (Minimum 15 Characters)
Answered on 1:07 pm Jun 10th 2009
Anonymous
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Not necessarily. Chances are, JDB's, attorney's etc are counting on most people not showing up for a court date. Don't blow it off. Chances are they can't validate the debt, don't have any paperwork, ie a signed cardmember agreement from you, etc, and usually can't actually prove you owe them anything. There is info on the web about this, just google Debt Validation. Just like foreclsoures on homes these days. No one really knows who own how much of each property as the mortgages were packaged and sold off to numerous parties. All you have to say in court is: "show me the note." they can't, cuz they don't have the note and foreclsoure stops unless and until they can. Bad debt is packaed and sold the same way. multiple entities own pieces of it, or they own the debt, but can't prove it. Just saying they do doesn't cut it.Reason for Editing (Minimum 15 Characters)
Answered on 2:02 pm Jun 10th 2009
Anonymous
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