Beware GE Capital/GE Money Bank!
Date: Wed, 03/18/2009 - 19:43
If settling with GE Capital aka GE Money Bank make sure to get from them in your written settlement agreement that it is for a settlement in full, balance will be zero and that they won't sell off any reminder!
I was in a settlement program and it was settled through that, but now GE has sold off the difference to LVNV. I am not in the settlement program anymore but they are going to try and help me by contacting the local law collection firm that they worked out the settlement with. I already faxed them a request for a zero balance letter a week and a half ago but haven't received any reply yet, big surprise....
I'm not paying a penny more unless this ends up in court and a judge forces me to that's for sure.
It will be interesting to see LVNV's next move as I DV'd the first CA they sent after me and only a few days after that I received a dunning letter from their own CA arm, Resurgent.
Faxed Resurgent a DV same day and sent the certified DV out this afternoon....
BEWARE GE CAPITAL!
I was in a settlement program and it was settled through that, but now GE has sold off the difference to LVNV. I am not in the settlement program anymore but they are going to try and help me by contacting the local law collection firm that they worked out the settlement with. I already faxed them a request for a zero balance letter a week and a half ago but haven't received any reply yet, big surprise....
I'm not paying a penny more unless this ends up in court and a judge forces me to that's for sure.
It will be interesting to see LVNV's next move as I DV'd the first CA they sent after me and only a few days after that I received a dunning letter from their own CA arm, Resurgent.
Faxed Resurgent a DV same day and sent the certified DV out this afternoon....
BEWARE GE CAPITAL!
it happens..ca do sell the settled portion of debts...do you ha
it happens..ca do sell the settled portion of debts...do you have your zero balance/settled letter still? that should take care of them..but if it doesn't keep doing dv's ect...good luck!
It's been about 2 1/2 months and nothing has happened since I se
It's been about 2 1/2 months and nothing has happened since I sent my DV out. Good so far I guess..
But Resurgent/LVNV is weird. I have another account they bought (was a Sears card) and they sent me the dunning letting in Dec but I haven't heard anything since. (I didn't send a DV since I didn't know what I was doing then..) so I'm surprised they haven't followed up on that one either...