How do I begin?

Date: Mon, 03/16/2009 - 07:48

Submitted by anonymous
on Mon, 03/16/2009 - 07:48

Posts: 202330 Credits: [Donate]

Total Replies: 6

I promised a dc that I would look into the debt they called me about and call them back today. I do owe the debt. How do I begin dealing with them? I would like to find out how they arrived at the amount and would like to negiotiate a lower amount....and lastly, I need to negiotiate managable payments. I can't pay in full. I can't pay in 3 or 4 installments. I need to get it to like 9 or 10 monthly payments. (Given the full amount.....if I can get it smaller, I might be able to do it in 6 months payments). I need a strategy before I call them back later today. Thanks for any help.

Have you gotten a letter from them? They have 5 days to send you

Have you gotten a letter from them? They have 5 days to send you a dunning letter after first contact. Once you get that letter, send them what is called a Debt Validation letter. If you search the site you will see a few different versions of the letter.

Personally I wouldn't pay them anything until I got something in writing from them, and they properly validated the debt. I know you said you owe, but if they are charging more then what they should you should really send them a Debt Validation letter. Until they prove the amount owed, no payment.

lrhall41

Submitted by beli2005 on Mon, 03/16/2009 - 08:19

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Thanks. Should I call them today (like I told them I would) and

Thanks. Should I call them today (like I told them I would) and then tell them that I am going to send the DV letter so that I can see how they arrived at the amount due?

lrhall41

Submitted by on Mon, 03/16/2009 - 08:41

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I did get a letter from them on Saturday.

lrhall41

Submitted by on Mon, 03/16/2009 - 08:42

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I wouldn't call them, I'd just send the letter certified return

I wouldn't call them, I'd just send the letter certified return receipt, and keep the green card so you have proof that you mailed the letter.

lrhall41

Submitted by beli2005 on Mon, 03/16/2009 - 09:52

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I know that I have 30 days to do this. Should I mail it right a

I know that I have 30 days to do this. Should I mail it right away or wait a couple of weeks for good measure? Also, should I talk to them if they call?

lrhall41

Submitted by on Mon, 03/16/2009 - 11:06

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Nope.. I would do it right away. If you wait a couple weeks, yo

Nope.. I would do it right away. If you wait a couple weeks, you have a chance of getting it lost in the mail etc.

lrhall41

Submitted by beli2005 on Mon, 03/16/2009 - 11:36

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