Enhanced Recovery Corporation Sending Me a Settlement Letter?
Date: Sat, 07/24/2010 - 11:37
I have an older outstanding debt that began in 2006 with Verizon Wireless. I had made good by beginning to pay them (original account balance was $800), but they wrote the debt off and sent the balance to a collection agency. Remaining balance is $400 and PINNACLE CREDIT SERVICES is the one who got it.
I got a letter (and many phone calls this past week on my cell) from ENHANCED RECOVERY CORPORATION that says they were given the "authorization" from Pinnacle to offer a settlement of half - so pay $200 instead of $400. I need to remit by 7/29/2010 in order to take advantage.
Are they authorized to do this? Since when does one collection agency have a SECOND collection agency authorize a settlement? I'm confused. At the top of everything it says thus:
Creditor: PINNACLE CREDIT SERVICES, LLC
Original Creditor: VERIZON WIRELESS
Account Number: XXXXXXXXXXXXXXXXXXX
Amount of Debt: $400
Settlement Amount: $200
Keep in mind this debt is nearly 4 years old. Any recommendations on how to approach this one?
I got a letter (and many phone calls this past week on my cell) from ENHANCED RECOVERY CORPORATION that says they were given the "authorization" from Pinnacle to offer a settlement of half - so pay $200 instead of $400. I need to remit by 7/29/2010 in order to take advantage.
Are they authorized to do this? Since when does one collection agency have a SECOND collection agency authorize a settlement? I'm confused. At the top of everything it says thus:
Creditor: PINNACLE CREDIT SERVICES, LLC
Original Creditor: VERIZON WIRELESS
Account Number: XXXXXXXXXXXXXXXXXXX
Amount of Debt: $400
Settlement Amount: $200
Keep in mind this debt is nearly 4 years old. Any recommendations on how to approach this one?
What state are you in?? Is the debt still in SOL? Sounds like
What state are you in?? Is the debt still in SOL?
Sounds like a JDB'er bought it and farmed it out to another.
I'm in California. I think its 4 years. But I attempted to make
I'm in California. I think its 4 years. But I attempted to make payments on it back in early 2008, so that would mean 4 years from that point, no?
