BofA sold my debt to LHR sold to LP sold to Steller
Date: Mon, 08/22/2011 - 17:34
July 07 was 30 days later and then escalated to 60..90...120..150....180.. CO
I tried to settle but they all were hard asses. I had some chases we hugged it out.
I live in nyc obviously :)
I'm applying to NYPD and I dont want this on my report but ............ I dont want to pay either.
What can I pay for it? What should I do? Whats my goal? Whats my plan?
Should I try to dispute w/ credit bureau and say settled and pray they can't verify. Should I try to get 25 cents on dollar 35 cents 45 cents?
Should I fire off a VERIFICATION THEN FIRE OFF A Settle.
my biggest fear is I do this wrong and I settle for 25% and then these scum bags sell it again and try to get ABC collection to collect the 75% and then since I paid I just RESTARTED the statue of limitations.
GOD!!!!!!!!!!!! :confused: :confused:
I conclude from your post that you have 6 derogs reporting by th
I conclude from your post that you have 6 derogs reporting by the OC (5 monthly delinquencies, and a CO), and that the OC no longer owns the debt. Has the new owner reported a collector to your CR? Deletion is, of course, desired, but I dont see much in the way of tools, particularly if payment is not an option.
First, regarding disputing the reported information, what are the inaccuracies in their reporting? To dispute, you must identify the inaccurate information, and provide some basis for supporting your contention. I dont see that you contest the accuracy of their reporting, so am unsure of the basis for a dispute.
To dispute on the basis that the debt has been settled when it has not does not appear to be accurate, so I would not advocate doing that. However, even if you were to dispute on that basis, and they failed to verify (which is highly unlikely), your dispute would have been directed to the balance owed on the debt. The resolution of such a dispute in your favor would only require the balance to be updated to your asserted amount, i.e., $0. Since such a dispute would only be directed to the debt balance, it would not require any correction or deletion of the delinquencies reported. It would not require account deletion, as the accuracy of the account was not a basis for the dispute. So it would not accomplish any deletion of the derogs from your CR.
If the OC no longer owns the debt, then you no longer have recourse to offering them any form of payment. Any settlement offer would have to be directed to the new owner of the debt. When and if a debt collector reports their collection of the debt as the new owner, you could offer a PFD to them, but their acceptance would only relate to whatever reportings they make, and would not require any deletion of accurate reporting currently in your CR.
If the derogs are legit, the best bet for CR deletion is, in my opinion, to pay, and ask the OC for good-will deletion.