What does this mean?
Date: Thu, 04/30/2009 - 21:49
Had set up a payment plan with Chase at end of last year for auto withdrawl from an account that I don't use (was planning to only put in what they could take out). After a couple of payments I called them because I needed more time that particular month. They said absolutely not and that our agreement was over. They immediately sent me to a nasty collection agency (even though they had made it sound like I *could* be late, as long as I called them - guess not) So, 2 months of being harassed and threatened by CA - I was ready to go BK with no other options - and I suddenly get letter that they are willing to negotiate again - lower balance, etc. This gives me hope. I have not responded as I am afraid to commit to another payment plan that I can't do. NOW, this week, they TRIED to take money out of that bank account. The amount of the old agreement that they threw out the window the minute I said I needed more time. Of course it bounced. But, what if it hadn't - would the agreement be back on and all forgiven? Anyone have any ideas or seen this behavior from them before? I know that they will go after any accounts that they might have access to but it strikes me as odd that they tried for that same payment amount. Legally, wouldn't it imply that they had re-accepted our agreement and it would have been back on? Thanks!
did you request validation from the collector? i cannot answer
did you request validation from the collector?
i cannot answer your questions but hang tight someone will be around soon :D
Just wondering if anyone else had any ideas? Thanks!
Just wondering if anyone else had any ideas? Thanks!
bumping this might help someone else see this. :) did you ever
bumping this might help someone else see this. :)
did you ever request validation from the collector? is your bank account secured? it would freak me out a bit if they had access to my account still (I would cancel the debit card and get assigned a new number to be honest..)
remember they (ca) must have your prior autho to submit electron
remember they (ca) must have your prior autho to submit electronic payment..it might be a violation of law if they do not...now with that said..if you are in a better standing financially to re-enter into an agreement then do so..i personally would contact ca and try to reinstate agreement ONLY if you can afford it...someone will give you better guidence these people in here are right on the money!!!!!
Thanks. I am not in a better situation at all. Probably worse. M
Thanks. I am not in a better situation at all. Probably worse. My point was that I agreed to set up the payment acct and, when it didn't work out, they stopped using it for a few months and went to the collection agency route. All of a sudden they *tried* to use the auto payment again and, of course, it didn't work, because I thought they were no longer honoring it anyway. But, I'm wondering, if the money had been there - would the agreement be back on?
If it was Chase that tried to debit your account for the previou
If it was Chase that tried to debit your account for the previous amount then you would have an argument for the reinstatement of the previous agreement.
If it was the CA that debited your account they violated the law and should be sued immediately. The CA must have its own authorization to debit.