Who are these people
Date: Tue, 03/14/2006 - 15:08
OMG, I have two accounts with Phillips and Cohen. weird, I've ne
OMG, I have two accounts with Phillips and Cohen. weird, I've never had any trouble with them but I have heard several stories from others that have!!! One of the accounts is with MBNA-Hilco and the other is fingerhut-Midland. They have never threatened me and started right off taking payments. How much are they saying the account is for? one of mine was $1200 and the other was $800. I wrote them a letter offering to make monthly payments at $25 a month on the $800 and $50 on the $1200. They took it but as we started moving along, they tried to increase the $25 to $50 and the $50 to $100. I couldn't at the time so I kept sending what was agreed upon. last month I moved the pay scale up on both and have one down to around $200 now and the other is around $500. These are two accounts that I'm paying off when I get my income tax. Is the debt yours? have you disputed it or asked for validation. If you know the debt is yours and everything is proper on the account, then you need to send them a letter asking for payment arrangements and tell them what you can afford to send, and tell them thats all you can do that anymore will cause finanical hardship to you and your family. hope this has helped. It is what I did and it worked.
Hold on???you started with LVNV and completed all the valida
Hold on???you started with LVNV and completed all the validation stuff and then you talked to Resurgent Capital Services last Thursday. Now Phillips and Cohen is calling you for the same account? Why are they passing your account so many times?
It seems Resurgent was good with you, right? Did they help you work out some payment plan? How can they reassign the debt to some other within such a short time? Or these are alias of the same business? I think Ari can shed some light here.
It seems you are aware of the process of debt validation; you did it with LVNV earlier. When it comes to dealing with collection agency, ask for debt validation. This is your right and it helps you understand if the agency is legit or not.
You can call Resurgent and inquire if they have sold the debt to Phillips and Cohen or not. Keep us updated.
Phillips and Cohen
Yeah Stan,I wondered the same thing. Only thing I can think of is,We haven't charged or used the Sears account in over 18 years,but,with all the finance charges,and yes,some late charges,we have been payin onthis account FOREVER.I told the Phillps guy,you do realize that what you are trying to collect on is finance charges,no purchases in years,but like a fool we have been paying Sears.He just kept saying there must be some way to pay in full,get loan etc. any info would be appreciated. Thanks all
Contact Sears first and ask for explanation. You must know what
Contact Sears first and ask for explanation. You must know what are the charges you have been paying for such a long day and why the account is not paid in full yet. You should have been more careful earlier, anyway better late than never. If Sears redirect it to the collection agency, ask for validation and do not pay until they can show you the details. Keep informing us???
Phillips and cohen have a website. phillips-cohen.com you'll
Phillips and cohen have a website.
phillips-cohen.com
you'll have to put the http and www in front since we're not allow to post links. :D
My fault
you're right,Carl, I should have been more carefull in the past. I will try to call Sears,but since they sold it,don't think i will get much from them. Will ask thCA what you suggested.Also, I think later,after I get more info,i am going to do what shirley suggested,write them a letter to set up payments,this will be done only after i get the info. though.Thanks for all your help
Keep us posted on this situation, LVNV appears to be a popular s
Keep us posted on this situation, LVNV appears to be a popular subject in this forum, and you will help many people by posting your situation here!
~Mary
We had an account with Sears that we paid off when we refinanced
We had an account with Sears that we paid off when we refinanced our house to a lower interest rate. I called Sears and they gave me a payoff amount, which I gave to the loan company. About a year later we started getting contacted by companies that had bought the balance on our Sears account. There were 3 different companies in total. I faxed each a copy of the payoff letter we had received from Sears and a copy of the check the abstract company had sent them. We called Sears each time to ask what was going on and each time they said our account was paid off, so where did the other companies get the information?
hey kathryn, have you ever noticed these companies as inquiries
hey kathryn, have you ever noticed these companies as inquiries on your credit report?? I have heard of that happening before.