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How to handle this type of CA account?


wranglertj
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I have a question about an account that has re-appeared. I knew it probably would someday, but today is that day.

Sears CC was charged off, and went to Universal Fidelity Corporation. UFC sent me a collection letter, I answered with a validation letter. They dd send partial Validation...a little bit of account history but no signature, and they did send me a second notice. I immediately sent ITS...never heard back, never placed on my report.

Today, what 3,4 months later, I recieve a notice in the mail from PIONEER CREDIT RECOVERY INC., evidently the first sentence says "Sherman Acquisition has purchased this account from Sears and interest will continue to accrue on my account while in collections" but later in the letter it states my amount owed:$603 and Interest rate 0% so I'm not worried about that.

I'm guessing UFC got my ITS and sent the account back to OC (Sears). Now Sears sold this account to Sherman... should I just follow the ordinary validation process or do I do something different with an account that was previously unverifiable?

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You are back at square one, send them debt validation letter, "Sherman Acquisition is a hard one to deal with, you may want to do a search on them to see what you are up against.

They use multiple DBAs and will move your debt around amoung them to exhaust you on this process. But each time someone else picks it up, then you send them another debt validation letter.

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