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Cash call

Date: Sat, 03/26/2011 - 11:36
Submitted by on Sat, 03/26/2011 - 11:36
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I recently received a letter emailed to my government employee e-mail web page from a law firm called Castronova Law. I had a CASH CALL debt that I paid on for about 3 years. The orinigal loan was for $2600.00. The balance never went down. I became financially unable to continue paying them and have not made a payment for over a year. Alex the person claiming to be from the Law firm offered a settelment amount of $1189.00. I asked him for information on his law firm and he sent me the name of an attorney called Bret Yaples. Within one day he sent me a contract to sign a begin payments. I have a feeling this is not on the up and up especially not after reading these old posts. He is threatening a law suit and wage garnishment. What are my options here.


Hi!
Welcome to the forums!

As you were not making payments on the loan, so it might be the case that Cash Call has assigned the account to this firm. Contact Cash Call and ask them as to whether your account has really been assigned to the law firm. Even if they say yes, you should ask this law firm to validate the debt. Don't pay any money without proper validation of the account. Don't sign any contract or start making payments now. If the law firm can prove that they have been assigned with the account, then you can settle the debt with them.


Submitted by Good Nelly on Mon, 03/28/2011 - 02:29

Good Nelly

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You need to make them validate that debt before you agree to any payments. Under the FDCPA (Fair Debt Collection Practices Act) you are entitled to request that they send you PROOF that they are legally able to collect the debt.
[URL=http://www.debtconsolidationcare.com/forums/showthread.php?p=800358#post800358]CLICK HERE[/URL] to find out how to deal with collection calls.


Submitted by Shazzers on Mon, 03/28/2011 - 22:48

Shazzers

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