admin

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Everything posted by admin

  1. https://www.creditinfocenter.com/wordpress/2021/01/21/new-rules-implemented-by-the-consumer-financial-protection-bureau-cfpb-clarify-the-way-debt-collectors-may-deal-with-consumers/
  2. @oe1489I don't think so, but question: why would you want it reopened?
  3. The Fair Debt Collection Practices Act (FDCPA) was enacted in 1977 to curb the abusive practices of debt collectors. The law has been used in court many times and has had many interpretations over time. The CFPB has been charged with enforcing the law and guiding debt collectors and consumers with regard to the Fair […] The post New Rules Implemented by The Consumer Financial Protection Bureau (CFPB) Clarify the Way Debt Collectors May Deal with Consumers appeared first on Credit Info Center Blog.
  4. If you read the article I posted about how to answer a summons and take the advice of @WhoCares1000, answering the summons should be easy. You specifically deny everything that is not the address, location or identity of you or the plaintiff and demand strict proof. You can use the form. Mention any defenses that you think would apply. https://www.creditinfocenter.com/legal/affirmative-defenses.shtml
  5. @Ddjcplus4 What about the summons? Can you post that? Here is something to read that should show you what to answer. In general you admit that 1) you are who they say you are and b) they are who they say they are and deny the rest. You can write up your own response, as well, you don't need to use their form. https://www.creditinfocenter.com/legal/ive-been-sued.shtml
  6. @indiana gal According to this: https://www.creditinfocenter.com/legal/credit-card-arbitration.shtml, JAMS is better as it is more costly for the creditor.
  7. @oe1489 - we need more info. You disputed claim on credit? What does that mean? You disputed a charge or a late pay?
  8. Can you post the whole thing? I don't know what box 3b is. @Ddjcplus4
  9. Go in, by all means and get the paperwork, especially if your date is the 27th.
  10. @Ddjcplus4 It would be really helpful if you would post your summons here.
  11. I'm confused, did you already pay them something? Did you get your summons? If you didn't I suggest to stop avoiding it.
  12. I think the letter looks fine. It would be nice if they would agree to remove the collection, but at this point, I think you're winning.
  13. @Clydesmomagree 100%. The more you offer them, the more they will be willing to work with you.
  14. @HelpMepls - they can definitely refuse. It's up to you to negotiate a favorable settlement. How to do this? Just remain calm, and explain your needs.
  15. @HelpMepls Advice: No DV. Tell them you can't pay until February 5th. You can ask for it to be removed from your credit report, but don't hold out over this. Dismiss with prejudice. They will get nasty. Just hold firm.
  16. Call them and negotiate - don't let them pressure you by deadlines. You are panicking. Not a good place to be when negotiating. You probably can't ask for debt validation if it's been 30 days since they notified you and it will only piss them off. They probably won't take the offer back, they are a junk debt buyer and want to make a profit and you are a live fish. Even at $3K, they are making a profit. @Clydesmom is right, they'd much rather have you make payments - you have mpre power with a lump sum. @HelpMeplsRead this so you know what you are dealing with. http
  17. In order to transfer title, you will be required to pay off the loan. However, I had a friend that passed away and the payments on his house were kept current, and the mortgage company never asked for full payment until title was transferred.
  18. Post it and I will help you out. In the meantime, do some reading with the posts that I've pointed out.
  19. Who are they representing? Bank of America? You'll have much better bargaining power if it's a JDB and not BofA. Also, can you post your summary. I can help with a response.
  20. You need to get them to rewrite the stipulation as not a judgment, which it reads as. You want a stipulation agreement. You don't want a judgment on your credit report. You want a lump sum, as they are much more likely to work with you, not payment if you do payments. Don't say you're going to file bankruptcy if you're not.