jameseiv Posted March 26, 2012 Report Share Posted March 26, 2012 I live in PA and I am not sure how to proceed. It is just a letter and not a summons. I called the Citi Recovery Department and they verified it is with Burton Neil now. How do I proceed from here?Thanks. Link to comment Share on other sites More sharing options...
Coltfan1972 Posted March 26, 2012 Report Share Posted March 26, 2012 Well, what did the letter say? The advice you get is probably going to depend on what it says. Link to comment Share on other sites More sharing options...
jameseiv Posted March 27, 2012 Author Report Share Posted March 27, 2012 Hey ColtFan,It states: This office has been retained to collect the sum of $$$ which our client alledges is owed by you. Please direct full payment to this office.Unless you notify this office withoin 30 days after receiving this notice that you dispute the validity of the debt or any portion thereof, this office will assume this debt is valid. If you notify this office in writing within 30 days that you dispute the validity of this debt or any portion of it, this office will obtain verification of the debt or obtain a copy of judgement and mail you a copy of such judgement or verification. If you request of this office in writing within 30 days after receiving this notice, this office will provide you with the name and address of the original creditor, if different from the current creditor.Please call this number to discuss futher.This is an attempt to collect debt. Any information obtained will be used for that purpose. In making this communication, we advise that our firm is a debt collector."Now I called the number and spoke to the case manager. She said she was authorized in house by Citi to settle for 70%, which is up from 45% to which Citi offered me earlier. She said that she could take that 45% back to Citi if I gave her a financial statement and could guaranteed that I could get the 45%, but it wasn't a definite.I told her I wold call her back. My last offer to Citi was 35% and she said no way now that the law firm has it.I have been reading and am really not sure what to do. I am 90% sure I could borrow the 45% now, but Citi sent it to the law firm even before charge-off.Any advice would be much appreciated.Thx Link to comment Share on other sites More sharing options...
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