I had Sears account that was sold to Resurgence Capital recently. I recieved first statement from Resurgence fist week of July 2008. I sent my DV letter on 7/25/08 and USPS delivery confirmed on 7/28/08. I have not recieved any respons from Resurgence on DV as of today 9/5/08. On 8/30/08, I recieved first statement from other collection agency in Ohio on same account. On 8/29/08, my equifax credit report alerted me for LNLV (Resurgence Capital )opend collection account. But I do not see CA in Ohio on my credit report yet.
What should I do next? Do I need to send validation letter to CA in Ohio or should I take next step to Resurgence Capital? What is next step any way? Thanx in advance.
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.