Hilco Receivables & Weltman, Weinberg & Reis Co.
Date: Sun, 02/01/2009 - 05:06
I have a collection debt that dates back to 2002 - it was a computer loan that was originally issued by MBNA in 2000. The account eventually wound up in the grubby little hands of Hilco Receivables (and many CAs along the way).
HR started by making attempts on their own to collect the debt, but soon decided to hand it over to other 3rd party collection agencies. HR lets the beast lie dormant for 1 to 1.5 years and then, out of the blue, submits an update to the CRAs in conjunction with launching a collection effort.
Every time I have been on the receiving end of a collection attempt from one of HR's CAs, I have sent a DV letter. Every time I have sent a DV letter, HR and the CA seemed to "disappear" ... at least until HR reared its ugly head again and came at me with yet another CRA update and a new CA.
Well, this time is no different. HR opted to send Weltman, Weinberg & Reis Co. after me for this debt. I would really like to get both HR (and WWR) off of my back for good, as well as off of my credit reports. HR is actually slated to be removed from at least one of my reports in August 2009.
Anyhow, here's what I'm wondering ... when I send the DV letter to WWR, should I also send one to HR? I've sent DV letters to HR in the past to no avail (they never responded). While we're at it, does any one have any other advice for me that may be of use?
I believe that this is a time-barred debt, but I'm not positive. Arizona statutes state a 3 year SOL for credit card / revolving credit accounts, but I'm not sure if a personal line of credit falls under that category.
Thanks in advance for any assistance / advice!!!
What do you mean by personal line of credit? Anyway, when was
What do you mean by personal line of credit?
Anyway, when was the last time you made a payment on this account? They haven't tried to sue you yet, right? If it is passed the SOL then all you need to do is send them a complete cease & desist letter stating that fact. If they call or write to you again and try to collect, document it all and when enough violations add up, SUE THEM!!!!
But lets not jump too far just yet.
DV Hilco and WW&R. If they pass it on to another CA after recie
DV Hilco and WW&R. If they pass it on to another CA after recieving your DV, then they have violated.
@Guest: Perhaps "Personal Line of Credit" was the wrong verbiage
@Guest: Perhaps "Personal Line of Credit" was the wrong verbiage? For example, let's say you go to Dell.com and apply for credit. You get approved for $2,500.00, which gets applied to your purchase of a Dell computer. You are now indebted to the 3rd-party bank for that $2,500.00 credit amount.
The original creditor reported this debt as a 'Revolving' account. However, depending on which CRA report I look at, Hilco Receivables has reported it as being either a 'Revolving', 'Installment', or 'Factoring Company' account.
In any event, the charge-off date per the ORIGINAL creditor was 05/2003 (resulting from the account being 180 days delinquent). The DLA remarks from Hilco show 'n/a'. Hilco does report a 'Date of Last Payment' of 05/2004, but that is complete B.S. Whilst I can't prove it, I did NOT make any payments to Hilco Receivables concerning this account.