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sifxpert.com
sifxpert.net/default.aspx
1-866-387-5028
[email]james@debtxpert.com[/email]
Sifxpert
2233 Martin Suite 324-A
Irvine, CA 92612
United States
ph: 866-387-5028
fax: 949-861-9340
[email]james@debtxpert.com[/email]


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I just read thru his site. Why are people paying ridiculous fees to outside parties to save 20-40? Most CA's will settle for that and more just by asking!!! 50% settlements were standard at the agency I worked at in the credit card division...with client permission they could do 75%.

Sub: #1 posted on Tue, 07/15/2008 - 11:03

SOAPLADY SOAPLADY
Moderators Cum Industry Expert
(Posts: 17271 | Credits: )

I know for me I really didn't know anything about settling debt, thus the reason I went with someone. Unfortunately, that person wasn't to be trusted. So, now I have a bunch of charged off accounts and need to deal with the CA's directly.

Sub: #2 posted on Tue, 07/15/2008 - 12:49

Unregistered


Treat your accounts as a business decision and learn the power of aggressive negotiations. The person who left you holding the bag needs to have complaints filed with his attorney general & file civil suit to recover damages for breech of contract.

Sub: #3 posted on Tue, 07/15/2008 - 13:16

cajunbulldog cajunbulldog
Moderators
(Posts: 4859 | Credits: )

Can the OC take an account back that was charged off to a CA?

Sub: #4 posted on Tue, 07/15/2008 - 15:22

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Charged off only means that they stopped carrying the balance on their books. It doesn't have anything to do with who owns the account. Whether the OC can take an account back or not depends on whether they are merely using a CA to collect a debt that is still owned by them (the OC) or whether they actually sold the account to the CA (and the account is now owned by the CA).

Sub: #5 posted on Tue, 07/15/2008 - 15:26

alias1958 alias1958

(Posts: 1230 | Credits: )

So, I should be asking if my account was sold or the OC still owns when I call then?

Sub: #6 posted on Tue, 07/15/2008 - 15:30

Unregistered


I would definitely ask who owns the account. Our Washington Mutual accounts were sent to a collection agency, and when the CA called me, I asked them who owned the account. They told me that WM still owned the account and had assigned it to them for collection. I had an account with Amex that was sent to a CA and once I sent a CD to the CA, Amex pulled the account back from them.

Sub: #7 posted on Tue, 07/15/2008 - 17:55

alias1958 alias1958

(Posts: 1230 | Credits: )

just to clear my perspective on things, I met with James today at my rental. I don't want my comments previously to be construed as defamation, but he has suggested that there is some smear-campaign to negatively impact him in this business. He is good standing with me for now and he seems intent to clear his name. I perhaps overreacted to what I read on these boards, but admittedly it is troubling trying to contact him at times. I hope he clears matters with those concerned.

Thanks,
John
(phone number removed)

Sub: #8 posted on Mon, 08/25/2008 - 10:45

Unregistered


oops

Sub: #9 posted on Mon, 08/25/2008 - 11:08

desperatelyseekingsanity desperatelyseekingsanity

(Posts: 1129 | Credits: )

I don't think it would be considered defamation if you shared the reason he gave as to why he was 2 months behind in paying rent to you? Can you do that?

Sub: #10 posted on Mon, 08/25/2008 - 11:26

smo65d11 smo65d11

(Posts: 1468 | Credits: )

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