Jump to content

Credit card craziness!!


dallaseagle567
 Share

Recommended Posts

Happy New year everyone!

I have found all your posts very helpful and real. I owe money on a credit card and have not paid them since Jul of '06. It looks like the original credit card company sold all of its accounts to Bank of America, then BOA sent it too a CA. On my CR it says "Charge Off" for BOA. Now this crazy collector is calling me at work and we are having all kinds of verbal arguments that are really nasty. I've already told them that I cannot receive calls at work and they keep calling! I asked them for their address so I can send them documentation that I cant receive calls at work and they wouldnt even give it to me!!!! The rep was awful! My question is?

Does Bank of America still have my account?

Link to comment
Share on other sites

I would consider calling BoA customer service...they may at least be able to verify what they did with yorur account and may at least furnish you the name of the collection agency they assigned it to (assuming that's what they did)...they might also give you the address but even if only the name you can probalby locate an address.

With an address, you can start the DV process and start to take control of your situation.

Link to comment
Share on other sites

Happy New year everyone!

I have found all your posts very helpful and real. I owe money on a credit card and have not paid them since Jul of '06. It looks like the original credit card company sold all of its accounts to Bank of America, then BOA sent it too a CA. On my CR it says "Charge Off" for BOA. Now this crazy collector is calling me at work and we are having all kinds of verbal arguments that are really nasty. I've already told them that I cannot receive calls at work and they keep calling! I asked them for their address so I can send them documentation that I cant receive calls at work and they wouldnt even give it to me!!!! The rep was awful! My question is?

Does Bank of America still have my account?

Have you received anything in the mail? If so they usually say "make checks payable to bank of america"

Im pretty sure that means the CA is collecting on the BEHALF of BoA....

Link to comment
Share on other sites

I would consider calling BoA customer service...they may at least be able to verify what they did with yorur account and may at least furnish you the name of the collection agency they assigned it to (assuming that's what they did)...they might also give you the address but even if only the name you can probalby locate an address.

With an address, you can start the DV process and start to take control of your situation.

BTW OT Robert, love the picture of your dog! Ive always grown up with beagles and am about to adopt a second one. Ive had a basset before, great dogs! :yahoo:

Link to comment
Share on other sites

Thanks

The letter is saying I have 30 days to validate the debt and it doesnt say who to make the check payable to, but it does say their "client" is Bank of America.....

make sure you take advantage of that 30 day period and send out your dispute... there are form letters here, but dont copy and paste. Take the jist of it and turn it into your own wording.... just a little hint there.... You'll find out quick after that who really owns it.

Link to comment
Share on other sites

Hey thanx..actually the letter says make checks payable to that respective CA
That's kind of standard practice and doesn't really tell you anything about who owns the debt. In effect, CAs are sometimes contracted by the OC to do the hassling with the understanding that they don't get paid unless the debtor coughs up money. Since nobody trusts nobody in that business, CAs sometimes want the check so they can take their cut before sending money on to the OC...and sometimes the money just never gets to the OC.

Anyway, use the DV process to make sure the CA has the right person, the right account, the right amount, and the right to collect in your state.

Link to comment
Share on other sites

I'm about to validate, however I think maybe I should hold off, because if they can indeed validate, I am in no position to pay them or even make an arrangemnt......should I just start back ignoring them like they never existed?

Here is a sample of my letter...

Attn: Debt Collector,

This letter is being sent to you in response to a notice sent dated January 9, 2008.

In accordance with the Federal Fair Debt Collection Practices Act and any and all applicable California laws, I am hereby disputing this alleged debt and demand validation of same. All collections activity is to cease and desist until proper validation is supplied to me.

Additionally, please do not call my place of employment anymore as I cannot receive personal calls there.

Sincerely,

Brokeness

Link to comment
Share on other sites

I'm about to validate, however I think maybe I should hold off, because if they can indeed validate, I am in no position to pay them or even make an arrangemnt......should I just start back ignoring them like they never existed?

Here is a sample of my letter...

Attn: Debt Collector,

This letter is being sent to you in response to a notice sent dated January 9, 2008.

In accordance with the Federal Fair Debt Collection Practices Act and any and all applicable California laws, I am hereby disputing this alleged debt and demand validation of same. All collections activity is to cease and desist until proper validation is supplied to me.

Additionally, please do not call my place of employment anymore as I cannot receive personal calls there.

Sincerely,

Brokeness

Never ignore a debt collector. A lot of times a DV will make them sell it down the line to the next collector. Even if they have proper validation you are still the one that can decide whether or when to pay. And if the debt is still owned by the OC you can negotiate with them and not the CA.

Link to comment
Share on other sites

Guest
This topic is now closed to further replies.
 Share

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.. For more information, please see our Privacy Policy and Terms of Use.