about asset acceptance and settlement notice

Date: Fri, 08/03/2012 - 13:20

Submitted by strikesentinel
on Fri, 08/03/2012 - 13:20

Posts: 13 Credits: [Donate]

Total Replies: 6

i have spent the las two 4 years fighting with ASSET acceptance over some overly inflated debts that they were unable to prove. they gave me the works even took me to court fought them on my own . now that they both debts are past SOL . i have managed to settle one for a 90% discount which was good as they kept their end of the bargain. now as for the next one which is well over 20,000 thousands. i managed to get a 90% settlement off of that one however they refuse to send me a settlement letter. but yet they have no problem furnishing a paid in full letter upon receiving the money. i asked to speak to their " manager" who was plain rude of course telling me that i was asking them for too much. i even offered them a fax number to send the agreement letter . now i am not sure what to do . it just seems odd that a company that wants to settle doesnt wanna send or fax a settlement notice but yet has no problem furnishing a paid in full letter. any advice one this matter thanks.

If the debt is out of SOL and they refuse to cooperate, why both

If the debt is out of SOL and they refuse to cooperate, why bother paying it? Paying a collection account will do nothing to help your credit.

lrhall41

Submitted by SOAPLADY on Fri, 08/03/2012 - 13:24

( Posts: 17315 | Credits: )

oh ok so eventually it will die or how should i proceed with thi

oh ok so eventually it will die or how should i proceed with this thing. its their loss i guess

lrhall41

Submitted by strikesentinel on Fri, 08/03/2012 - 13:28

( Posts: 13 | Credits: )

When was the date of your first deliquency on the original accou

When was the date of your first deliquency on the original account?? It will drop off your credit report at the 7 year mark. And you can always tell Asset to get lost.

lrhall41

Submitted by SOAPLADY on Fri, 08/03/2012 - 14:13

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You're begging them to take your money to settle an account they

You're begging them to take your money to settle an account they can no longer sue you for.. why?

lrhall41

Submitted by options on Fri, 08/03/2012 - 16:22

( Posts: 64 | Credits: )

well i thought it would help with my credit if i got a paid lett

well i thought it would help with my credit if i got a paid letter. so i should just wait for the original entry to fall off then . this account along with 2 other accounts officially turn 6 years old in june 2012. i just wasnt sure how to proceed with asset acceptance. i guess i didnt want it to affect any loans or anything i might apply for in the future.

lrhall41

Submitted by strikesentinel on Fri, 08/10/2012 - 16:12

( Posts: 13 | Credits: )

A paid collection does nothing for your credit...you are better

A paid collection does nothing for your credit...you are better off taking that money and getting a secured card and start building your credit. In a year the collection account will drop off.

lrhall41

Submitted by SOAPLADY on Fri, 08/10/2012 - 18:59

( Posts: 17315 | Credits: )