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About napsterkct

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  1. Debt Collection Letters – If trips to your mail box fill you with dread because all you ever seem to get are letters from people you owe money to then it’s time to take back control of your money situation. I know. It’s easier said than done! Those debt collection letters can be pretty unnerving. If you are in debt and struggling financially, you probably woud do anything to avoid opening mail from creditors that insist that you pay this bill in full within 30 days… or else. To be perfectly honest with you, effective debt collectors know exactly how to word those collection letters to get peop
  2. A total of 623,399 U.S. bankruptcies were filed in the first three quarters of 2007, representing a 40.16 percent increase over the 444,789 cases filed in the same period in 2006. There's worse news in the Midwest; specifically in Detroit. Through October 2007, the number of Chapter 7 personal bankruptcies filed in Detroit's federal bankruptcy court jumped 63 percent compared with the first 10 months of last year. Unfortunately, this news is not surprising; after all, foreclosures are at an all-time high throughout the country and credit card debt is skyrocketing. If you find yourself in a sit
  3. As per the fair debt collection practices Act, the collection agency must validate the debt within 30 days of receipt of your DV letter, else you are no longer liable to that particular CA for that debt. Now, if you have send them the earlier debt validation letter by certified mail, and you have the receipt, then there is no need to worry because if they sue you to the court they cannot bring judgment against you. This is because firstly they have not validated the debt within 30 days of receipt of your letter and secondly, they have not provided you with proper validation. However, if you
  4. They probably won't agree to delete it after you have already paid it. You could try to ask them for a goodwill deletion. I'd try this first. You could also just dispute it with the credit bureaus and see if it falls off. I'd try this if they ignore/say no to your goodwill deletion letter. on edit: Don't listen to anyone telling you that a "paid collection" notation is a positive account that will increase your score. It is an inherently negative notation on your credit report and will most likely decrease your score. The only thing a paid collection does is prevent them from suing you over th
  5. first you've to do some basic steps for tackle this problem. if it is not ok then make a call to debt buyer ================ :p8]