BofA/Northstar/Budzik & Dynia
Date: Wed, 10/19/2011 - 12:22
My questions are:
1) Is this collection lawyer the only option I have now for settling the debt?
The dunning letter didn't say anything about me being sued yet.
2) Should I request that their firm "validate" my debt just to stall them?
3) Should I request that they hand my account back to Northstar?
Somebody, please help me because I don't like dealing with hardnosed lawyers who don't care about my financial problems and are eager to sue.:confused:
You cannot "settle" a debt per se in installment payments. Some
You cannot "settle" a debt per se in installment payments. Some will allow you to settle with over 3-4 months....anything more than that is a payment plan.
My questions are:
Quote:
1) Is this collection lawyer the only option I have now for settling the debt? The dunning letter didn't say anything about me being sued yet. |
The debt is assigned under contract with the attorney. You have no choice but to work with him. Quote:
2) Should I request that their firm "validate" my debt just to stall them?\ |
DV'ing can backfire in your face especially if BOFA has told you directly that the attorney is handling the debt. It could casue them to sue you quicker.
Quote:
3) Should I request that they hand my account back to Northstar? |
See question one. NO.
Well, 3-4 months of installments would be a huge help and their
Well, 3-4 months of installments would be a huge help and their second letter indicated that I "may" qualify for a reduced settlement. What do I do if they willfully record the conversation so that they can incriminate me later in court?
Most collection agencies do NOT record calls. If you legitimate
Most collection agencies do NOT record calls.
If you legitimately owe the debt, they wont need a recording to get a judgment against you. Just proof of the debt.
Just make sure you do not pay any settlement until you get it in writing.
But a collection attorney like Budzik & Dynia can record calls a
But a collection attorney like Budzik & Dynia can record calls apparently. Can I refuse to be recorded? I wish I had another alternative besides dealing with these very ruthless lawyers. They're not easy to converse with.
Send them a settlement offer for an amount you are positive you
Send them a settlement offer for an amount you are positive you can pay in 3 payments. Make your first payment right after they sign your settlement agreement and then 2 additional payments within 90 days.
In my experience, this is what BofA expects.
You want the settlement agreement on their letterhead, not a not
You want the settlement agreement on their letterhead, not a note written up by the debtor. Most CA's have a standard settlement letter they will send out. Again I would recommend calling, offering the settlement and then have THEM fax you the agreement.
Even if they do record you, they really dont need it in court if this is a valid debt.
Thanks Ohiogal for the advice. I will try and make such an offer
Thanks Ohiogal for the advice. I will try and make such an offer and fax it. Let's see how far I get with this strategy.
Im with SL on this one - I wouldn't pay a dime towards a settlem
Im with SL on this one - I wouldn't pay a dime towards a settlement until I have something on THEIR companies letterhead.
Hi Party xx, I would suggest you call BofA directly and ask t
Hi Party xx,
I would suggest you call BofA directly and ask them about the disposition of the account.
Find out from them if they assigned the account to the attorney or whether your account was sold.
Once you know the account disposition with certainty you can take steps consistent with what you learn i.e. sending a DV letter/not sending etc.
Best of Success in your efforts!
