I think I messed up.
Date: Tue, 03/10/2009 - 10:55
Is this the correct process?
(1?) ach revocation letter
1. close bank acct.
2. send C & D letters
3. send debt validation letter
I thought I had a clear path but now I am very confused (again).
Can someone maybe simply do a check list of what needs to be done and when.
Thanks kindly
Since your bank closed your account without too much hassell I r
Since your bank closed your account without too much hassell I really wouldn't worry. But I WOULD get the Ach revocation letter out today, before they hit your bank and give a copy to the branch manager, then follow the other steps.
By law I believe you have to give the pdl's 3 days notice that you are revoking their ach auth.
Have you worked out anything with your legal lenders? (Provided you have any)
My belief is that you secure your bank account first and then se
My belief is that you secure your bank account first and then send out the letters. JMO.
Always secure the account first. Then deal with the legal len
Always secure the account first.
Then deal with the legal lenders and set up arrangments to pay via money order or prepaid Visa.
Then send out the ACH revocation/wage revocation/illegal lender letter.
You should always secure your account first. When you send those
You should always secure your account first. When you send those letters to the PDLs, they may try to hit your account immediately for amounts you may not agree to. So it is better to get control of your money firat, and avoid any unecessary future NSF fees and charges.
beli - legal lenders Payday One - yes we have worked out a e
beli - legal lenders
Payday One - yes we have worked out a epp.
The Cash Store - no, it must default and go back to corp. first. No word yet.
ACE - they sent me an email just have not had the time to call them. I plan on calling today or tomorrow.
i agree, secure it first, i have heard of companies going after
i agree, secure it first, i have heard of companies going after the money as soon as they recieve the letter.
