Island National Group LLC/RJM Acquisitions LLC Question

This means that the creditor is willing to settle the debt for 45% of the outstanding amount which is no doubt a good deal. However, before paying off the debt to National Group LLC get the debt validated from them.

Novice,

Well, the OP has just stated that they know it is their debt. The validation is not just a stall tactic - it's there for people who do not think it is their debt or if they have added a bunch of fees, etc., to the debt. (And that's a darn cute kitty on your avatar, I don't think I mentioned that before...)


Hi brianr446,

Welcome to the Community!

It is very fortunate that you have this offer on paper. This company is terrible and it is best not to antagonize them unless you are prepared for a battle. See these threads for more info: RJM Acquisitions and Island National Group LLC and Island National Group,

Since you have it in writing it is solid.

That is a pretty decent deal and if you can pay it, go ahead (and yes, send a photocopy of the correspondence with the payment). Request a Paid & Closed letter be sent to you right away. Do NOT send a check, but a money order. (DO *NOT* GIVE THEM YOUR BANK ACCOUNT INFO!!) Photocopy the entire money order for your records. Preferably, you should get a Postal money order so you can get a timely copy of the canceled money order (you may need it later - this CA is dishonest) for your records. Also photocopy the letter you send them. Send it Certified Mail Return Receipt Requested (it will cost around $3 or so). Keep the green card in your records when you get it back.

SAVE these records. If the scenario mentioned in the Forums I linked above, then you can easily sue them for $1000 plus possible court costs and attorney fees.

Good luck and keep us posted!