creditrepair Posted January 21, 2007 Report Share Posted January 21, 2007 What should I do? What type of veribage do I use in the DV letter? or Do I send some other type of letter? Any advice is greatly appreciated that will direct me in preserving my rights. Link to comment Share on other sites More sharing options...
admin Posted January 21, 2007 Report Share Posted January 21, 2007 In general, interest on the debt can occur if it is in writing - what does your agreement say? Link to comment Share on other sites More sharing options...
Recovering Attorney Posted January 21, 2007 Report Share Posted January 21, 2007 a JDB cannot cahrge you the contract interest. They could ask for interest allowable on a judgment in your state after the date of purchase. If they are using the contract rate, they are mischaracterizing the debt abd asking for amounts they are not entitled to. Link to comment Share on other sites More sharing options...
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