scbeachbum Posted May 13, 2007 Report Share Posted May 13, 2007 I have an account with a low balance with expired SOL, do I have a good chance of exchanging payment for deletion? Should I pay in full or negotiate with CA? I dont want to piss them off.....Any thoughts?Thanks! Link to comment Share on other sites More sharing options...
gypsie Posted May 18, 2007 Report Share Posted May 18, 2007 once the SOL has expired, then you pretty much have the "upper hand" to get a deletion. Don't worry about "pissing them off"- the SOL is expired- they can't make you do anything!make sure you get EVERYTHING in writing! Have you tried disputing the TL first- just to see if it comes off of your CR? Link to comment Share on other sites More sharing options...
nascar Posted May 18, 2007 Report Share Posted May 18, 2007 I have an account with a low balance with expired SOL, do I have a good chance of exchanging payment for deletion? Should I pay in full or negotiate with CA? I dont want to piss them off.....Any thoughts?Thanks!Personally, I enjoy pissing them off.You'll want to be careful how you handle this. Remember CAs LIE, and making a payment can restart the running of the SOL. You want more than a deletion; you want an agreement not to "sell, assign or otherwise transfer or attempt to collect any amount related in any way to the debt." Link to comment Share on other sites More sharing options...
divemedic Posted May 18, 2007 Report Share Posted May 18, 2007 What are they gonna do if you piss them off, put a note on your credit file? Wait, they already did that.Maybe they will sue. Wait, they can't do that.Maybe they will call and abuse you on the phone. Maybe they will reage the TL. Maybe they will find some other way of breaking the law.Maybe then, they will write YOU a check. Link to comment Share on other sites More sharing options...
gypsie Posted May 19, 2007 Report Share Posted May 19, 2007 Maybe then, they will write YOU a check.even better! Link to comment Share on other sites More sharing options...
bigjohnstud4200 Posted May 20, 2007 Report Share Posted May 20, 2007 Also, be sure you don't do anything that might make you liable for the debt again. Always refer to the debt as "alleged". If you make an offer to settle the debt use wording like, "The offer is not an admission of indebtedness, but an attempt to bring swift closure to this matter." yada yada yada. Get your facts / laws together before you go out there "pissing them off". In some states you can reset the SOL by saying the wrong things. Link to comment Share on other sites More sharing options...
Recommended Posts