krisb74 Posted March 11, 2005 Author Report Share Posted March 11, 2005 I have been going round with this Tate and Kirlin , collecting for Sherman on a providian acct that was purchased by them. The balance is @960 right now. They mailed to me today, per my request, a settlement agreement that states that they have agreed to accept 542 as settlement in full on the acct. However it does not state anywhere that they agree not to resell the debt or to change the status on my CR to paid as agreed. How is best to go about countering this? I am prepared to pay them and get this taken care of but I also want to make sure I'm doing this correctly. Do I send my own draft with those items stated in there or do I make the changes on their copy sent? I have not signed my name to any agreement, however they have a signature on the copy they sent me. Thanks. Kristin Link to comment Share on other sites More sharing options...
krisb74 Posted March 11, 2005 Report Share Posted March 11, 2005 I have been going round with this Tate and Kirlin , collecting for Sherman on a providian acct that was purchased by them. The balance is @960 right now. They mailed to me today, per my request, a settlement agreement that states that they have agreed to accept 542 as settlement in full on the acct. However it does not state anywhere that they agree not to resell the debt or to change the status on my CR to paid as agreed. How is best to go about countering this? I am prepared to pay them and get this taken care of but I also want to make sure I'm doing this correctly. Do I send my own draft with those items stated in there or do I make the changes on their copy sent? I have not signed my name to any agreement, however they have a signature on the copy they sent me. Thanks. Kristin Link to comment Share on other sites More sharing options...
divemedic Posted March 11, 2005 Report Share Posted March 11, 2005 You can't change the agreement after they sign it. Did they properly validate? Did they agree to a pay for delete? If they think you are prepared to pay, they know the leverage is on their side. You need to send them back a letter saying you do not agree to a settlement that is not in your best interest and that you want them to validate this debt IAW the FDCPA. Link to comment Share on other sites More sharing options...
divemedic Posted March 11, 2005 Report Share Posted March 11, 2005 You can't change the agreement after they sign it. Did they properly validate? Did they agree to a pay for delete? If they think you are prepared to pay, they know the leverage is on their side. You need to send them back a letter saying you do not agree to a settlement that is not in your best interest and that you want them to validate this debt IAW the FDCPA. Link to comment Share on other sites More sharing options...
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