Collectors going after canceled contract?
Date: Tue, 11/07/2006 - 16:10
It's not as if this was a loan. I never borrowed money from them so technically, they never lost money. Is their case a weaker case because it is not a true defaulted loan? Any body have any experience with this?
I don't have any experience with that, but like some cell phone
I don't have any experience with that, but like some cell phone contracts, if you break the contract, you have to pay,at least, a cancellation fee. Look at the contract you signed and see if it has a clause in it for breaking the contract...Karen
A contract is a contract...
It doesn't matter that they didn't actually lose any money. What matters is what you agreed to.
In this case you agreed to pay keep phone service for 2 years (from their perspectice, they did lose money because, by you only having the service for 1 year, they lost a year of charging you X.XX/month.)
In the fine print somewhere, you probably also agreed to pay an early termination fee (usually $150). But the chances are, you probably don't have your contract anymore to go back and read it.
If you agreed to it, they can go after you for it. In the least, you should write a letter and dispute the debt, and ask them to provide you with a copy of the agreement that they are basing your indebtedness on. Keep in mind, you usually have to dispute your debt within 30 days of their notice for it to have legal effect.
unscrupulous creditors
It appears to me -because all of a sudden- I am getting collection letters from everywhere. How can the debtor avoid dealing with these people when the debtor knows he does not owe what the collection agency claims
I do not have much experience in this but you could send a debt
I do not have much experience in this but you could send a debt validation letter, asking them to provide you information on what the debt was for and the charges related to it. I am sure someone will come along shortly and tell you exactly what the letter should say. I believe you can also ask the CA to cease and desist contact with you and you can deal directly with the original company. Good luck to you.
Send them a letter requesting that the validate the amount of th
Send them a letter requesting that the validate the amount of the alleged debt. Not just "verify" that they have your address. Ask how they calculated it, as well as how did they calculate any interests and fees. Also try to find out the date of last payment on these. You might be the victim of ID theft as well, check your credit reports and see if anything funny is on them. Possibility 2, these might be some very old debts which some scavenger has purchase, and thus the statute of limitations has run on them. Don't pay them a penny until you find out about this.
