I received a summons regarding a collection acct with Mann Bracken (Target National Bank was the original acct). I spoke with someone at Mann Bracken May 31, 2006 and they said they needed a payment in full within the week or they would take legal action. I tried to scrape the money together, but at the time I was a college student who waited tables. I believe I talked with them 1 more time after this, but I have had no contact for the past few months. Now I have to go to court in January regarding this, and I am unsure what I should do. I have received no type of letter saying they were trying to collect this debt, EVER. I am just confused because I was sure I would receive something. I knew the company collecting, but I don't know who I was suppose to talk to or what my case # was. I called Target NB in March and they said my account was with Mann Bracken now, wouldn't provide me a phone #, and said they would contact me shortly...
I owe approximately $2400 (not including any court fees or attorney's fees)
I assume I need to answer the summons and possibly ask for the Debt to be VALIDATED??
Should I try to negotiate (I'm not sure how successful I would be) this debt? I am able to pay anywhere from $1000 to $2000, but what should I ask for? I was never given a Charge off Amount. Only the full amount with interest.
Should I ask that this be deleted from my credit report (as of August 2006, there was not a collection on my credit report... just a charge off from Target NB)??
Also... Am I to pay Mann Bracken or Target NB?? I don't want to get stuck paying twice.
Thanks for any insight you all have. I am so upset over this. I know it was my mistake for letting it get so far behind, but I am truly getting things straightened out and I just want to put this past me as quick and easy as possible.
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.