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I noticed that none of the dunning letters I receive ever have a dated post mark. And usually the letter is dated a week or more before I actually receive it so it looks like they are sending it out earlier than they actually do. Anyway, that got me thinking. Since we have 30 days from the DAY OF RECEIPT of a dunning letter to send our DV, what happens if you claim you never received a dunning letter but the CA says they sent one out? They don't send anything certified mail w/ return receipt! Or even anything with any tracking number/delivery confirmation available.

I think I have a big problem brewing with my BF and me having to file BK due to some dumb decisions I let him talk me into and now I have the credit problems and can't get out of them. Here is my problem. We bought a motorcycle together brand new a couple of years ago. Both names on this loan. I think I will qualify for Chapter 7 and they are only going to allow me to keep one vehicle. That will be my 2001 paid for truck I use for work. Well he doesn't want to lose the bike and his credit is trashed too and he also owes the IRS a lot of money in back taxes, like 75-100K.

I have been researching two companies and I have decided to do debt settlement. How bad is this really? And the companies are Clearone Advantage and Yellow Brick Financial. Please let me know.

I sent a company a DV letter and they sent me back a statement with a copy of a NSF check from July 2005. The check is for 6.47 and they are adding 230 in late charges. It is reported on my credit report. Is this validation enough since I asked for all the stuff that is on your sample DV letter. I want it off my report what should my next step be?

I need some help please. I'm about 120 days late on all 3 Amex cards and they have each been to Nationwide, NCO, and GC Services over the past 2 months (no one CA has had all 3 accounts at the same time however.) NCO has actually been great and I want to settle the one they have currently for 55% however I know if I do that I won't have enough to settle the other two. Should I just knock this one account down or wait and see what happens over the next month or two? I would have enough to settle all 3 at about 35-40% over 3 months but can't seem to get any takers on that offer.

I obtained a secured credit card from wells fargo back in 2005 for an amount of $300. I had a loss in my family and went through a period of depression where I didnt pay my bills and the card eventually got charged off. I wanted to make good on the situation and settle up the debt which at the time the lady on the phone offered me a settlement amount but if I paid the full amount she would remove it off completely. Being young and stupid I didnt get anything in writing at the time and of course I paid the full amount and nothing was removed. It's still on there.

I have been coming to this site since last November and attempted to pay down my debt myself with some payday lenders using some of the advice given here. I work at a financial institution and was hired already having some payday loans. I later found out that having payday loans is against company policy, not sure if they could fire me for it, but i've been quietly trying to handle my loans and they have spun out of control, and i need help to figure out what to do. I had at most 10 loans, did EPPs on some and got them down to 6 now i am back up to 8. I will list them below.

I had to default on a credit card 3 years ago (due to increased medical bills). I was living on child support then and now and that is my only income. I just received summons/suit re this $8,000 credit card debt from Atty Schiff's office. I see people asking if "validation" of the debt was requested. What does that mean? What is the point of validation (is it a delay tactic, or other purpose)? What does DV mean? I only have child support to live on of $1,075 a month and that is over in 13 months. I'm scared and would appreciate any advise.

can anyone tell me what is daily average spending and how is that equated into your intrest rate and how is itrest rates apllied...

Man..this made me laugh out loud! So I have an account that was a GE Capital/Walmart card. Settled on that account when I was in a debt settlement program. Well GE sold off the remaining balance to LVNV...but that's not the funny part. Received a dunning letter from Central Credit Services trying to collect on it. Sent off a fax and certified DV letter to them March 7th. Today I get a dunning letter from Resurgent Capital. Here is the funny part. The dunning letter states, "Enclosed please find an original validation of debt that verifies the debt". Enclosed is a second page.