Which letter should I send?
Date: Tue, 05/26/2009 - 14:40
I received a phone call a week ago from a CA claiming my husband owed a credit card debt of $1400.00. At first he said it was from 2005 and I told him point blank that was impossible. Then he tried to say maybe my husband was having an affair and that is why I didn't know about it. After laughing, I explained that it was impossible and then he corrected himself and said the debt was from 1995. He said it was from a chase manhattan account. My husband says he never had a credit card through Chase.
I ask them to send me proof of the debt. They do not. I get a call this week from someone else, I explain the same thing to them and get their address. I am guessing NCO owns the account as the account # starts with NCO but the collection agency is Full Circle Financial Services.
So, to the question. I had planned on sending them a debt validation letter combined with a CD, but should I also include an outside the SOL? So far they have just told me it COULD have an effect on his credit.
Thank you for your help in advance!
The debt can never affect your credit because the seven year and
The debt can never affect your credit because the seven year and 180 days listing period have already expired. Moreover, they cannot legally collect the debt because the SOL has expired. If you have not received a collection notice from the creditor or the debt collector, there is not need to send a DV letter. You should check your credit report whether they have listed the debt there. If you find the debt in your report, just dispute it with the bureaus.
You always need to write to the collection agency regardless if
You always need to write to the collection agency regardless if they write to you first. Too much risk if you are not proactive with it. Even SOL.
Get the name address and ref # from them on the phone. Do not engage in chit chat.
Mail them CM RR and SOL letter. That's it.
