bigblue Posted October 16, 2010 Report Share Posted October 16, 2010 I recieved a letter from a "law firm" saying they represented palasides trying to collect on a old credit card that was charged off in 2001. i asked the good people on here what to do, they said DV both the law firm and palasides, which i did.the law firm responded immediately and said they could not validate and were closing the file.Palasides said they would put a hold on this until they validated. (which they cant, im sure).anyway, the good folks on here told me to send a C&D Letter to palasides because the SOL is up, and has been. ( its only 5 years in ky). i have not heard a thing since. Is it possible i will never hear from palasides again? or will they try to pull more crap? Link to comment Share on other sites More sharing options...
BV80 Posted October 16, 2010 Report Share Posted October 16, 2010 Since it's outside the SOL, if they have any sense, you won't hear from them again. But, we are talking about JDBs, and they are not loaded with common sense or scruples. Since you sent a C&D, if you hear from them again...violation. Let them rack up a few, and take them to court. Link to comment Share on other sites More sharing options...
WhoCares1000 Posted October 16, 2010 Report Share Posted October 16, 2010 You might hear from Palisades only once more and since the account is out of SOL, that would be to tell you they are closing their files. Anything other than that would be a violation of the C&D. Link to comment Share on other sites More sharing options...
BV80 Posted October 17, 2010 Report Share Posted October 17, 2010 You might hear from Palisades only once more and since the account is out of SOL, that would be to tell you they are closing their files. Anything other than that would be a violation of the C&D. Oops! I forgot they can contact you to tell you they're closing the files. Link to comment Share on other sites More sharing options...
debtfreein18 Posted October 19, 2010 Report Share Posted October 19, 2010 They also might sell your debt to another JDB and you'll hear from a new batch of idiots. It's called "wack-a-mole". If that happens, don't sweat it, just send a new C&D to the new JDB. Eventually it will be so old it will stop getting passed around (well, one would think anyway). Link to comment Share on other sites More sharing options...
WhoCares1000 Posted October 19, 2010 Report Share Posted October 19, 2010 Maybe, maybe not. Depends on if they think they can make money off of it. Eventually it will be sold for so low that you will get a JDB that figures if they can make 5% of the accounts pay, they will make money and hence, will not worry about the rules. Hence, you will have to go to court at that point. Link to comment Share on other sites More sharing options...
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