Any ideas on this one?
Date: Mon, 05/04/2009 - 14:47
Hi - wondering if anyone has any ideas on this one - I had it posted under collection agencies and didn't get any solid answers - I took some business law classes in the early '80's so I'm sorry if I sound dumb - but there *used* to be such a thing as if someone was acting as if a contract were in place - then it made it legit - so ...
I had set up a payment plan with Chase at end of last year for auto withdrawl from an account that I don't use (was planning to only put in what they could take out). After a couple of payments I called them because I needed more time that particular month. They said absolutely not and that our agreement was over. They immediately sent me to a nasty collection agency (even though they had made it sound like I *could* be late, as long as I called them - guess not) So, 2 months of being harassed and threatened by CA - I was ready to go BK with no other options - and I suddenly get letter that they are willing to negotiate again - lower balance, etc. This gives me hope. I have not responded as I am afraid to commit to another payment plan that I can't do. NOW, this week, they TRIED to take money out of that bank account. The amount of the old agreement that they threw out the window the minute I said I needed more time. Of course it bounced. But, what if it hadn't - would the agreement be back on and all forgiven? Anyone have any ideas or seen this behavior from them before? I know that they will go after any accounts that they might have access to but it strikes me as odd that they tried for that same payment amount. Legally, wouldn't it imply that they had re-accepted our agreement and it would have been back on? Thanks!
I had set up a payment plan with Chase at end of last year for auto withdrawl from an account that I don't use (was planning to only put in what they could take out). After a couple of payments I called them because I needed more time that particular month. They said absolutely not and that our agreement was over. They immediately sent me to a nasty collection agency (even though they had made it sound like I *could* be late, as long as I called them - guess not) So, 2 months of being harassed and threatened by CA - I was ready to go BK with no other options - and I suddenly get letter that they are willing to negotiate again - lower balance, etc. This gives me hope. I have not responded as I am afraid to commit to another payment plan that I can't do. NOW, this week, they TRIED to take money out of that bank account. The amount of the old agreement that they threw out the window the minute I said I needed more time. Of course it bounced. But, what if it hadn't - would the agreement be back on and all forgiven? Anyone have any ideas or seen this behavior from them before? I know that they will go after any accounts that they might have access to but it strikes me as odd that they tried for that same payment amount. Legally, wouldn't it imply that they had re-accepted our agreement and it would have been back on? Thanks!
I'm not sure how to answer this but I wanted to acknowledge your
I'm not sure how to answer this but I wanted to acknowledge your post and bump it, please keep checking back for replies. The weekends are usually a bit slow so hang in there, someone will answer this when possible. :)
