...NCO. (Securely Sending funds.)
Date: Fri, 11/28/2008 - 16:44
Submitted by ExistenceInfinito
on
Fri, 11/28/2008 - 16:44
Total Replies: 12
Alright, so, as you've read with my title, I've got a bit of a problem. No, not just a regular Debt Collector.. NCO Financial Group. From what I've read, they're not just a regular debt collector, these guys are Evil. Anyways, I'll explain my situation a little clearer, now.
I know, I know, this is an American Forum (I realized with the sign-up form.) I know, I'm a Canadian Citizen, but--I don't think much of what I'm asking has much to do with the fdcpa / SoL. So, onwards!
I've been sick to my stomach ever since I got the call, NCO on the telephone and some angry-sounding guy telling me I owed him money. I learned my lesson from the last creditor (I was lucky) who called me about my Health-Care which was $1000.00 due (They said I owed, and I paid within THAT phone call. Haven't heard from them again, though -- so I'm good, I think.) Leafing through the Internet, I've seen several types of letters, DV Letters, PfD letters, Cease letters, etc. I know they own the debt (Even though they never sent anything to me in the mail due to not having an appropriate mailing address.)
...Sorry, I'm bad with grouping my thoughts. Directly blunt.
I know I owe them the money (I called the original utility company [Fido Solutions Cellphone Services] and they verified that my Account number had been given to NCO.) So, rather than being a pain, I'd rather just get it done and out of my hair. The amount of money I'll owe them by the time I pay will be around $300.00. But! I want to know, how do I pay NCO? These guys are, well... I just want to have my tail covered.
I was thinking: Get an Address for NCO Financial Group (Not sure if it's Canadian / US one I'll need.) Go to my bank, and get a Money-Order / Cashier's Cheque. Go to the Post Office and have a Official Document thing (Can't think of the name, I think it's CMRRR?) and send it to their office with a letter stating something along the lines of a Pay-For-Delete, but saying;
"You, NCO Financial Group, Hereby declare, by accepting this certified Money-Order/Cashier's Cheque, to be satisfied with my account and will not attempt to collect further on this debt, nor sell whole/part of this to another collections agency."
Something along those lines, stating if they accept the money, they'll take it as fully paid. I'm not sure if my wording is appropriate, or if my method is even secure. All I want is to pay these people, get them off of my phone and out of my hair, and never hear from them again (Because my debt will be paid, and it will be my final last debt owing.) I do not want to wait. I do not want to run SoL. I only want them out of my hair and pay them. Because the amount isn't a huge amount--I just get paranoid and intimidated very easily (I guess not intimidated, but -- It just stresses me out for no apparent reason..)
I need some help, so please give me any suggestions/solutions that you can spare.
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it's hit or miss with that tactic.i would send a letter stating that you will pay by mnoey order only and you want a PIF.the only way your plan will work is to send it certified mail return receipt or delivery confirmation.i've heard mixed returns doing it your way,but it's your call.
Thanks, Paul.
Thanks for letting me know. If I do it the aforementioned way, even though they might try and be losers about it, if I have Certified Mail Return Reciept (CMRRR) included with all of that jazz, will it hold up if someone contacts me about it in the future?
I mean, Yeah, Even if they try and be jerks about it, if I've paid them and have it on paper, there's nothing they can legally do, can they? I'm new do this whole thing.. Thanks for the quick response, though!
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for some it worked.for others it didn't and resulted in AG complaints.the debt was still marked PIF,but was a pain to get done.either way it's on your terms not there's.as far as the response no problem a pleasure to help. :D 8)
Sorry if I'm just sounding stupid at this point, but what are 'A
Sorry if I'm just sounding stupid at this point, but what are 'AG complaints.' I'm still coming up to speed with being Credit Definition Acronym Savvy.
EDIT:
Never mind. I be an retarded. After reading through somebody else' post, I realized AG Complaints mean Attorney General. ^^ Again, thanks a bunch, I feel more confident now.
debt
A year or so ago, NCO sent me a letter, stating I owed for a debt ( that was over 10 years old..I will add.) I called the number and asked them to sent me some kind of paperwork to validate what they were saying. They told me they were, "not obligated to send me anything and when should they expect a payment from me." Yea..right. If they don't validate anything for me, I'm not sending anything to them.
Quote:A year or so ago, NCO sent me a letter, stating I owed for
Quote:
A year or so ago, NCO sent me a letter, stating I owed for a debt ( that was over 10 years old..I will add.) I called the number and asked them to sent me some kind of paperwork to validate what they were saying. They told me they were, "not obligated to send me anything and when should they expect a payment from me." Yea..right. If they don't validate anything for me, I'm not sending anything to them. |
Yeah, I understand that. But, I know that I owe the debt. I spoke with Fido Solutions (Original debt owing for a phone bill.) and they told me they sold the account to "NCO ABS" So, I really don't have a problem paying what I know I owe--I just want to make sure that when I pay them, if they come after me again, I won't need to be stressed because I'll have the paperwork. So, I was originally curious as if;
Sending a Certified Money Order (Cashier's Cheque or Money-Order from like Western Union,) and sending it via Certified Mail Receipt Return (CMRRR), that way I'll have proof I sent them a cheque for the amount owing, a letter within the CMRRR stating that they accepting the amount enclosed as full satisfaction of the debt, and also add a Cease/Desist letter forbidding any contact me with, so if 10 years down the road (such as your situation.) Aside from SoL breaches, I'll have paper saying that they accepted my payment, blah blah, etc.
So, I feel more confident now as to how Paul replied to me, even though he stated it can be hit-or-miss, at least I'll have proof. Then if they want to take me to court, I have everything I need. I'm hoping. So, that's what my question was, if I follow through that way, I should definitely be covered even in the worst-case-scenario? Again, I'm still open to any comments/suggestions. ^^
hey...another canadian waving at you!!! :lol: \\ Misses spe
hey...another canadian waving at you!!! :lol: \\
Misses spelling cheque properly......
I am a canadian lawyer but I have been in the us for alm
I am a canadian lawyer but I have been in the us for almost 20 years. Had to dumb down my spelling when I immigrated here....plus had forget the metric system.
Canadian debt protection laws are similar to the fdcpa although there can be variations in each province or territory.
You know that NCO legally has the debt, but you never mentioned
You know that NCO legally has the debt, but you never mentioned if they were collecting the correct amount, or if the contract allows them to charge interest? Are what they say you owe and what the Original Creditor says you owe the same?
If they are charging you more then what the OC says you owe I would demand an accounting of those extra charges. If they are charging the same, then perhaps you can amend your letter just a tad, if you are paying the whole amount, then there is really no reason to state the continued collections or selling, if the thing is paid in full, its paid in full. I would however make a photocopy of the money order and keep it with the return receipt, a letter stating how much you owed and a copy of the letter sent to them.
That way, if they pull anything hinky, you can simply whip out the three items and show that the debt was paid in entirety, no settlement. Can't sell or continue to collect upon a zero balance. :)
Thanks a bunch.
Thanks a bunch, soap! So, what's your opinion on my method to pay my debt off. Like I said, I just want to get it done and out of my hair. I'll be most likely going through with it all on the 2nd of December when I finally get paid. - -'