Repeated Debt Validation

[KuKev]

All,

Found this site by accident, but have found the posts to be very helpful.

My situation:

Collection was written off in 2003 and was purchased by another lender.

This lender has placed with 3 agencies. I have timely validated each time, and there has been no further action from the collection agency. It is no longer appearing on my CRB.

This is the last of any debt I owe. I made some payments on this account to a CA, but was unable to continue in mid 2004. Since, then it has been placed with the 3 agencies, and each time it gets placed, I get a hard iquiry on my CRB. I would like to purchase a house in the next year, but fear this my stand in my way.

At this point I'm willing to pay a an amount to make this go away forever.

They are claming right now the at 13K is the debt. Its not that much.

How do I do this, and not open myself up a big old can of worms.

All thoughts suggestions are much appreciated.

Kevin

[kevin3344]

If this debt is no longer appearing on your reports, the reporting time seems to have run. Either that or they can't validate it. In any case, depending on your state it's more than likely outside of SOL so even if the CA sued you they couldn't collect (if you used that as your defense). If it were me I would send them a C&D.

________

AVANDIA SETTLEMENTS

Edited September 9, 2011 by kevin3344

[someonesomewhere]

Collection was written off in 2003 and was purchased by another lender ... It is no longer appearing on my CRB.

So long as it remains off your CR, then you are good. Banging it with a mallet, in the form of a dispute and DV, is about as cheap as you can get. At $4.64 a pop (going up to $4.66 a pop in May), CMRRR beats paying what will likely be a lot more.

In KS, the SOL is 3 years for oral and open-ended, 5 years for written and promissary notes.

http://www.creditinfocenter.com/rebuild/statuteLimitations.shtml

If this is a CC from 2003, then the SOL would appear to have run. If the SOL is up, then I agree with kevin3344 and you should C&D.

Since you're having success killing it by DVing and disputing, I say keep it up. If another CA comes after you, then DV 'em.

As for the inquiries, you can start killing those now.

http://www.debt-consolidation-credit-repair-service.com/forums/showpost.php?p=752959&postcount=14

[ArtDivainDebt]

Is there a way this person can ask for a remedy and judgement that the debt not be sold off or assigned to any other agencies etc?

[KuKev]

That's what I was trying to say.

Anyone? Suggestions?

[someonesomewhere]

Are you a glutton for punishment? If it's not on CR, why are poking with a stick into available holes?

[Big Time]

Because if the CA finds out that you are house-shopping, there will be a tradeline added, asking 3 times the amount you legitimately owe. The hills have eyes.

Try searching for the "subsequent CA letter" and see if that might help you if you haven't ever recieved actual acount statements from any of the CA's.

[JeBas8160]

Hello, I'm new here but not new to debt collectors, unfortunately.

My recent headache is with a debt agency (legal group??) claiming I owe over $8K for a credit card that I don't remember having, (the collection agency purchased this from what I can discern, from another collection agency, who I have not knowledge of) They are telling me the original creditor was CitiB.

Last year there was a similar situation with another creditor who garnished my salary and took money out of my checking/savings account without giving me a chance to respond. Some of the money I did owe, but almost half of what was collected was from said fee's and interest which cost me almost double the original debt. This one is now satisfied, but they have not given me anything in writing even though I called and asked for this in writing. It's been over a year.

Now this "new concern is with CitiB" and the debt collector, I received a threatening letter that they have filed a claim to collect the debt and I must supply all my personal and banking information to them at once or they will have me arrested or seize my home and property. They also did something with the NJDMV and I received a letter from them stating that I had to turn over to the DMV my car title. I feel so helpless and bullied. I don't know what to do. I was a former employee who worked in the World Trade Center during 9/11. Shortly after I became ill and after struggling to work I went out on SSDisability. I have no money as it took them a year to approve my claim. I lost my health insurance and my house was in and out of forclosure a number to times. I had to cash in my meager retirement fund to pull my house out of forclosure, pay some other bills and for medical expenses. At this time my income just barely pays my mortgage and taxes. I owe smaller debts of a few hundred dollars here and there and my credit is a mess. This is all due to my failure and ignorance to plan for my financial future and compounded by my illness which keeps me home and pretty much in bed.

I have been told that I make too much money to qualify for any assistance and I rely on friends and family to pay for food, medicine, phone, electric and fuel oil. I already have several small judgements filed against me and I'm very behind on my property taxes. I've worked all my adult life and I've never been in such a poor financial situation. I want to keep my house, and my seven year old SUV. These blood suckers who are after me for more money than I can remember owing anyone have put me in a real hot seat.

From what little I've been reading on this site, do I write to this collection legal firm and ask for proof of the debt, the original amount and confirmation of the original creditor? Do I also ask to see my signature for this so call debt?

I'm lost, scared and can't sleep! What do I do now? Can anyone help?

Thank you.

[JeBas8160]

Hello,

I'm new here but not new to debt collectors, unfortunately.

My recent headache is with a debt agency (legal group??) claiming I owe over $8K for a credit card that I don't remember having. From what I've been able to get disclosure on, is that this is a so called legal debit collaction agency. It seems they have purchased this so called debt from another collection agency, who I never heard of either. They did tell me (I phoned them to tell them that this debt was paid. I thought it was from the one which I did owe from 2001. After weeks of phone calls, I was told that the original creditor was CITIB. (Last year there was a similar situation with another creditor who garnished my salary and took money out of my checking/savings account without giving me a chance to respond. Some of the money I did owe, but almost half of what was collected was from said fee's and interest which cost me almost double the original debt. This one is now satisfied, but they have not given me anything in writing even though I called and asked for this in writing. It's been over a year).

Now this "new concern is with CitiB" and the debt collector, I received a threatening letter that they have filed a claim to collect the debt and I must supply all my personal and banking information to them at once or they will have me arrested or seize my home and property. They also did something with the NJDMV and I received a letter from them stating that I had to turn over to the DMV my car title. I feel so helpless and bullied. I don't know what to do. I was a former employee who worked in the World Trade Center during 9/11. Shortly after I became ill and after struggling to work I went out on SSDisability. During this time and prior to 9/11 I did incur debts that I could no longer pay because I missed so much work and lost a lot of my income and received only one pittyful raise in 3 years after 9/11.

Currently, I have no money. It took them a year to approve my claim. I lost my health insurance and my house was in and out of forclosure a number to times. I had to cash in my meager retirement fund to pull my house out of forclosure, pay some other bills and for medical expenses. At this time my income just barely pays my mortgage and taxes. I owe smaller debts of a few hundred dollars here and there and my credit is a mess. This is all due to my failure and ignorance to plan for my financial future and compounded by my illness which keeps me home and pretty much in bed.

I have been told that I make too much money from SSDI (what a joke), to qualify for any assistance and I rely on friends and family to pay for food, medicine, phone, electric and fuel oil. I already have several small judgements filed against me and I'm very behind on my property taxes. I've worked all my adult life and I've never been in such a poor financial situation. Prior to 9/11 and my illness, I had good credit and paid my bills on time.

At this time, all I want to keep my house, and my seven year old SUV. Also, in the next two years, I'd like to be able to sell my house and have at least some equity to purchase another, in some other state where things are more affordable. These blood suckers who are after me for more money than I can remember owing , have put me in a real hot seat.

From what little I've been reading on this site:

.Do I write to this collection legal firm and ask for proof of the debt, the original amount and confirmation of the original creditor?

.Do I also ask to see my signature for this so call debt?

I'm lost, scared and can't sleep! What do I do now? Can anyone help?

Thank you.

ps: I'm sorry this was so long.

[someonesomewhere]

JeBas8160,

You might try starting a new thread with your questions.