Jump to content

Sent CC OC, DV letters. Got back 1000 pages of statements! What do I do next?


slavenomore
 Share

Recommended Posts

Sent CC OC, DV letters. Got back 1000 pages of statements! What do I do next? 

 

Thanks for all your advice. 

 

OC #1 Chase

 

1) I sent a DV letter to CA sent by OC,  They kicked it back to OC. Chase. 

 

2) All 3 chase cards sent me copies of all statements.  with a form latter. 

 

No other contact no calls. 

 

 

What does this mean? 

 

What should I do next? 

 

OC #2 FNB

 

Lawyer says client is FNB.  sent me a CA letter, 

 

I sent back a DV

 

they answered on the 30th day with a copy of my last statement from FNB.  and

same form letter demand for payment. 

 

 

What does this mean? 

 

What should I do next? 

 

Thank you so much for your valuable time and specific advice. much appreciated!  

 

 

Link to comment
Share on other sites

Well, they validated your debt.  Now it's up to you to decide what you want to do next.  You can send them a refusal to pay letter.  You can send them a C&D letter.  You can dispute the listings with the CRAs.  

Link to comment
Share on other sites

It depends on what your goal is.  Do you want to get rid of this debt?  Do you want to clean up your credit?

 

First step would definitely be to dispute the accounts on your credit report.  The dispute process is here: 

 

http://www.creditinfocenter.com/repair/Repair.shtml

 

If you want to get rid of the debt by settling: 

 

http://www.creditinfocenter.com/debt/settle_debts.shtml

 

A refusal to pay letter or a cease and desist letter accomplishes the same thing: it tells the collection agency to stop contacting you, which they must do legally under the FDCPA.  

Link to comment
Share on other sites

Great question! My goal is to make this go away!  lol

wish i knew...lol no assets, self employed, medical hardships. 

Ok goal #1
is to dispute and win


Goal 2 settle with them for 5-10%
the ocs offered me 30 to40% but i didn't have it. 14K !
but i could poss come up with 2k each over time. long shot i know. 

Goal 3

if they wont settle or they sue i would declare no assett bk7 as i easily meet means 
this is last choice as i am undergoing lots of medical hardship currently and the bills are not done. 

Thanks for any advice, I dont know what is smart to do next.  would love examples of that second dispute letter. 

Link to comment
Share on other sites

Guest usctrojanalum

you are not likely to dispute and win Chase Credit Cards when they sent you 1,000 statements just for a DV, seems here they mean business. You said 30% is 14k? So this is big balance debt they are not just going to let it slide and leave you alone over it.

 

Do you legitimately owe them that much money? 

 

If so bankruptcy seems like your best bet.

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.