CA/Charge off Account! What do I do?
Date: Tue, 08/26/2008 - 21:22
I recently checked my Credit Report and noticed that Ford Motor Credit has listed my account as a charge-off. I received a letter from a Collection Agency stated that employed by FMCC to collect the balance on the account. The balance listed is incorrect. I was informed that a guy came to my house today to reposses the vehicle. Can FMMC and Kramer& Frank P.C. both collect the same debt? I'm sending a debt validation Letter to the CA tomorrow. What else do I need to do I owe them about $ 1000.
If the account is still owned by Ford Motor Credit and hasn't be
If the account is still owned by Ford Motor Credit and hasn't been sold, either or both can try to collect.
I don't think that two collection agencies can collect for the s
I don't think that two collection agencies can collect for the same debt at a time. If both have called you for collection, then send debt verification letter to both of them.
You can also talk to the original creditor FMCC for paying off the debt.
So your vehicle has not been repo'd yet? How far behind are you
So your vehicle has not been repo'd yet? How far behind are you on your payments?
