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Asset Acceptance and verification letter

Date: Tue, 09/18/2007 - 11:40

Submitted by anonymous
on Tue, 09/18/2007 - 11:40

Posts: 202330 Credits: [Donate]

Total Replies: 8


I requested that Asset Acceptance mail me verification of a debt (a utility bill from 1989 that they claim my husbnad owes on from his college apartment) and they sent me a letter saying they were happy I wanted to settle this but they provided nothing in terms of dates associated with this debt so how can I prove the SOL is up? Should I contact Asset Acceptance for more information and how? I sent a form letter for verification of the debt. Where do we go from here?


U need to send a "validation" letter NOT verification! U can find one in the do it urself forum of this site and just re word it to fit ur needs! Tell them exactly what u want from them! Make sure to send it return reciept requested also! And just because a debt is out of SOL does not mean they can't collect on it, just means they cannot sue u for it!
Good Luck,
Ang


lrhall41

Submitted by Ang on Tue, 09/18/2007 - 11:46

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I misspoke. I did send a validation letter via certified mail as this site suggets. I used the form letter from this site. The problem is, the info they sent me still isn't what I am looking for and I can't get info on the debt from the company it was purchased from because that company has been bought out and they sold the debts to Asset Acceptance. I know it is suggested that you never call them so I am trying to figure out how I can get more info from them. I spelled out in the letter that I wanted dates, etc. and they ignored all of that.


lrhall41

Submitted by on Tue, 09/18/2007 - 11:56

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We are in Illinois. The total due with penalty is around $215.00. I don't know when the last payment was made since it was an electric account shared by college roommates. When AA first contacted us, they said the original date of the debt was 1989. It appears that whoever was in charge of disconnecting the service may not have and this resulted. My husband is on the hook because the account was in his name.


lrhall41

Submitted by on Tue, 09/18/2007 - 12:12

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1989?! Is that correct or a typo?
If this acct is actually that old i wud suggest sending them a settlement letter for it! Offer them 50 bux and u want it paid in full, get it in writing before paying them! They probably paid no more than 20 bux on this!! (now that's just a guess)
More than likely they will settle for a much lesser amt!
Good Luck,
Ang


lrhall41

Submitted by Ang on Tue, 09/18/2007 - 12:15

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It is from 1989. I wasn't aware of the setttlement letter option. Maybe I can get my husband to go for it.
Thanks for your help.


lrhall41

Submitted by on Tue, 09/18/2007 - 12:43

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Ya know dollar's i was just thinking same thing.... if it's NOT showing up on report i'm pretty sure they'll just go away! They probably bought this almost 20 year old debt for 2.50!
Did u include a cease and desist in ur dv letter? IF not send them one and see what happens from there!
Ang


lrhall41

Submitted by Ang on Tue, 09/18/2007 - 13:07

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