waitin2exhale Posted August 1, 2005 Report Share Posted August 1, 2005 Last April I entered into a settlement deal with Schreiber & Associates for a debt charged-off from Capital One. I agreed to pay $600 in 6 equal installments over 6 months......I know, not smart, but that was long before I found this site. I owed $867 when the account was sold to Schreiber.The charge off amount was $367, with $606 showing past due on the Capital One TL. As of June 2005, there is no TL on any of the 3 CR's from Schreiber. From what I am reading, it is hard to get a paid collection removed from reports. I have paid Schreiber $400 so far and have an August and September payment remaining under settlement.I have a few questions:1. Is there something I can do before my settlement period is up to stop the impact it will have on my CR?2. Has anyone been through this and been able to get a more positive outcome than "paid collection"?3. Should I stop paying and DV them? Link to comment Share on other sites More sharing options...
codename_fortyseven Posted August 2, 2005 Report Share Posted August 2, 2005 I would stop paying and DV. Work towards a PFD or see if they can stay within the laws of your state and federal statutes. Link to comment Share on other sites More sharing options...
waitin2exhale Posted August 2, 2005 Author Report Share Posted August 2, 2005 Should I notify them by phone that I would like to stop paying and then follow up with a DV letter? I am not sure what the best route to do this is now that I have started paying. I really do not want to mess this up as this could become the worse thing on my CR. Thanks for your help! Link to comment Share on other sites More sharing options...
waitin2exhale Posted August 3, 2005 Author Report Share Posted August 3, 2005 bump Link to comment Share on other sites More sharing options...
willingtocope Posted August 3, 2005 Report Share Posted August 3, 2005 No...don't call...write, CMRRR. Talking to a CA on the phone is inviting trouble...they lie just for practice.Basically, you need to do two things...first, you need to DV them to make sure they've got the right person, the right account, the right amount, and the right to collect in your state. Just because you owe Crap 1 something, doesn't mean these guys have the right to collect it.And second, you need to demand an accounting of where the money you've already sent has gone. Is the CA on your CRs? Are either the OC or the CA showing your balance decreasing? Are you getting any kind of statement from these people? Link to comment Share on other sites More sharing options...
waitin2exhale Posted August 3, 2005 Author Report Share Posted August 3, 2005 When I called I got crap so I figured out that its a waste, I got attitude from everyone who picked up from jump....won't be doing that again. All I get from Schreiber is notification that they are taking the money each month. I never got any confirmation of my settlement terms (they said they would send me an email, never got it). They also are not reporting anything to the CRA's per my June 2005 reports (I began settlement payments in April), all I see is their inquiry back in April. I will start drafting my DV, now I'm mad. I'm getting the feeling I should close that checking account Link to comment Share on other sites More sharing options...
Been_Ponzied Posted August 3, 2005 Report Share Posted August 3, 2005 Do what Gorilla says ASAP, and I would not let any collection agency have access to my bank account! YIKES!As far as your CR, the best I have ever gotten was PAID CHARGE-OFF, or PAID COLLECTION. Then, later down the road, after time has passed, you can try a dispute on that to maybe get it removed. Good luck. Link to comment Share on other sites More sharing options...
codename_fortyseven Posted August 4, 2005 Report Share Posted August 4, 2005 Umm, yeah never give a CA your banking info. Close the account now. Link to comment Share on other sites More sharing options...
waitin2exhale Posted September 14, 2005 Author Report Share Posted September 14, 2005 I sent a DV letter to Schreiber (CA) on 8/3/2005, green card says they received on 8/8/05. To date, I have received no response from Schreiber. Given that I have paid them $400 that was SUPPOSED to go towards my charged off Crap1 account , do I have any recourse to get my money back? What should I do next? What is the best way to deal with Crap1 charge offs? Link to comment Share on other sites More sharing options...
Been_Ponzied Posted September 14, 2005 Report Share Posted September 14, 2005 Get your money back??? Forget that, it's GONE. The best you can do now is to call Crap 1's collection department and make sure they received the money from the CA. They may tell you or they may not. Link to comment Share on other sites More sharing options...
waitin2exhale Posted September 15, 2005 Author Report Share Posted September 15, 2005 Since they never sent me any confirmation of the settlement agreement nor did they ever provide proof asked for in my DV letter, don't I have some sort of violation? Would it be okay to send a letter telling them I will report them to BBB and the Attorney General of MA (they have a bad history of claims with the Attorney General and BBB)? Link to comment Share on other sites More sharing options...
waitin2exhale Posted September 23, 2005 Author Report Share Posted September 23, 2005 bump Link to comment Share on other sites More sharing options...
Been_Ponzied Posted September 23, 2005 Report Share Posted September 23, 2005 The BBB won't do anything about FCRA issues, and the Attorney General usually will only help if you make this about a consumer protection issue, not telling them its a violation of FCRA law. Threatening a CA will do nothing. Only action will. Try these Consumer Protection lawyers, if you think there has been a violation, such as ignoring your debt validation letters:Specifically, they need the following: Complete copies of your credit reports (including the section marked “Inquiries”). Copies of any dispute letters you have mailed to the credit reporting agencies regarding this matter. Please also send copies of any certified mail receipts that you have to show when the credit bureaus received your dispute. Investigation Results from Transunion, Equifax or Experian, along with the complete copy of your credit report that was enclosed with your results. Any other documents you feel are relevant to your case. You may fax the requested materials at the number listed below. Alyssa Blackwell Attorney at Law Krohn & Moss, Ltd 120 W. Madison Street 10th Floor Chicago, IL. 60602 (312) 578-9428 x218 Voice (866) 794-5741 Fax email: ablackwell@consumerlawcenter.com web: www.krohnandmoss.com Link to comment Share on other sites More sharing options...
DR. JULIANO Posted September 25, 2005 Report Share Posted September 25, 2005 cool good info thanks.... Link to comment Share on other sites More sharing options...
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