berries1101 Posted March 5, 2005 Report Share Posted March 5, 2005 I have a couple of collections accounts that are not on my credit report. Should I still DV'd them? One is for $5000.00 and the other one is for $1400.00.Any suggestions would be appreciated.Thanks Link to comment Share on other sites More sharing options...
CreditDiva Posted March 5, 2005 Report Share Posted March 5, 2005 How old are they? Link to comment Share on other sites More sharing options...
Sultan Posted March 5, 2005 Report Share Posted March 5, 2005 Very good question, carefully proceed on it.The only input I can offer is if it were me I would personally DV if they are with in the SOL and if they are recent notices they sent you. It could indicate that they are gearing up to report you if you do not address the accounts, I would say if they are old accounts and your aware of them it could be a totally different story the CA could be dufunct already this happens often, if I know a collection debt has been sold and someone new has it and they are coming after me for it, I usually strong arm them with a DV letter and points and authorities of about any mistake they make which is detrimental to my good credit standing will surely result in me naming them in a legal suit.I'm personally not afraid to threaten them because I can type, download forms and file paperwork.Other people have tried the approach of settling the debts with an agreement to delete or in your case not/never report the accounts in question as part of the settlement agreement.G/L Link to comment Share on other sites More sharing options...
berries1101 Posted March 5, 2005 Author Report Share Posted March 5, 2005 For the collection acct in the amount of $ 1400.00 even the OC isn't on my report. The $5000.00 collection acct is about a year old and and the OC is only on one of my credit report. Link to comment Share on other sites More sharing options...
pursuit Posted March 5, 2005 Report Share Posted March 5, 2005 The $5000...have you paid OC? is it Charged-off? Link to comment Share on other sites More sharing options...
berries1101 Posted March 5, 2005 Author Report Share Posted March 5, 2005 No I haven't paid the OC? Yes,it is charged off Link to comment Share on other sites More sharing options...
pursuit Posted March 5, 2005 Report Share Posted March 5, 2005 I would say the first thing to do is see if the OC has sold or assigned the debt to a CA. If they still have the debt in their possession or have assigned the debt, you have a better chance of settling for delete. Who is the OC Link to comment Share on other sites More sharing options...
berries1101 Posted March 5, 2005 Author Report Share Posted March 5, 2005 The OC is Providian(card services center) the CA is Arrow. Neither one is on my Credit report. Link to comment Share on other sites More sharing options...
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