After sending Asset a request for validation. They sent me a letter that failed to produce the orginal, signed loan agreement, the past payment history and a break up of fees. what should I do next?

One thing to consider is the possibility that you might end up getting sued over a debt. An important defense is the statute of limitations. Generally, there's one time period for written contracts, and another for oral contracts (lots of credit card and cell phone debts are contracted over the 'phone, so there really is no written contract). But another really important class of contract is what's called an "open account".

I have been dealing with this company for almost 3 months now about an old account that I thought was settled. I have sent certified letters to Resurgent Capital requesting validation and have not received it. I received a letter from a law firm on Feb 7th who now says I have to send them the letter (which I did) and they also told me that there is no time limit on them validating this account. I don't know what else to do-- can someone help me! please

i am in such a spot... I am one of those sould who has payday loan upon payday loan. Irecently have gone with debt consolidation and feel that there finally light at the end of this tunnel. I opened a new account at a new back, and for the first time in a year, have made it a month paying bills and maintaining a postive balance. my problem is Washington Mutual: I am 2300.00 overdrawn becuase the payday loan companies conitue to hit my account. Every day, WAMU charges me 25.00 5x - 125.00 a day. I cant put stoppayments on the payday loan people, cause they keep changing the amount.

There are a few payday lenders that are mentioned here as being "in trouble". Universal, etc. If you owe these companies money/are in default, should you pay them? or is it just throwing more money down the toilet?

I found this wonderful website just yesterday and have already contacted T&C to start the payday loan hell consolidation. Now I am going to close my bank account and reopen another one. Do I need to call each payday loan place and advise that the account is closed and that they will need to go through T&C or do I send out debt validation letters. Where do and what do I do now? Any help would be wonderful. :lol:

Attention Washington State Residents and anyone else who may have dealt with these guys!!!! Anyone who feels that they have been subjected by these guys violating the fdcpa or have otherwise been harrassed please post your info here. i am currently preparing a complaint against these guys to send to the Washington State Department of Licensing and the AG's OFfice

My client (homeless) has a large gas bill at Harvard Collection Service for an address where she never lived. Neither the gas co. nor collection agency will provide teh dates of the service. How can she contest this?

Hello, I have a couple of different questions. How do you find out if a payday loan company is licensed in your state? If they are not licensed, then how should you proceed or what are your responsibilities as a consumer. Or is it illegal for them to even conduct business with you? Thanks....

How can I get answers out of people that you can't get to talk to a human, just blank messages.