Who verifies Nextcard's info now

So - what happened to Nextcard? That was my VERY first credit card just out of HS (they started this entire mess). Is there any juicy gossip about why they sold out?

Send a debt validation letter to Asset Acceptance through certified mail with return receipt requested. You should get the mailing back marked accordingly. If they don't accept your mail, contact the bureau and request them to investigate with the CA.

I will also prefer getting in touch with NextCard and inquire about the accounts. They must have the details of your accounts and the collection agency hired for the purpose.

NextCard is no more in business I think; I have heard lots of gossips about them. You can read the discussion here also-

http://forums.debtcc.com/forums/nextcard.html

PS... nextcard itself has been gone now for YEARS.

It's not actually nextcard you are dealing with anymore, and nextcard has no website of its own anymore... probably either the FDIC or else some debt collection company that was hired to handle nextcard's accounts and set up a website to direct people who might have questions.

With all the articles I've seen concerning NextCard, not one of them has pointed out that it cost $250 in start-up fees in order to activate the account. That's all I had in my balance --- $250 when they sent me a letter basically telling me "tough luck!". I was obligated to pay it even after NexCard filed for bankruptcy.

Does anybody has any experience with this setlements and they did not clear to the bureaus(experian and the others). for credit scores?
Thanks