Hi! A year ago I was contacted by an attorney's office saying they are trying to collect a debt from me, original creditor being Maryland National Bank (MBNA). This was a credit card balance I had paid off long ago and I had never even been late with the payments. In fact, on my 3 credit reports, one says the account is in good standing, one says I owe them $10 but it has not gone to collections, and only Experian says that I owe them thousands of $$, which is what they claim. I answered with a c&d letter and never heard from them again. In April 08 I received an identical letter from another lawyer's office, I did the same, never heard from them. Two days ago I received a similar letter from Penta Group and I am wondering how long will this be going on? I keep asking for validation but they never provide it, they just sell the alleged "debt". What can I do? In the meantime it is affecting my credit report. I cannot even invoke the SOL because I don't know in which state they claim I had the debt! How can I get them to send me validation? And how can I prove I paid it off? I don't keep statements from 2002 for all my credit cards (I will from now on, though!) Thank you for any help!
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.