HockeyFan

Settlement Letter from Asset...where to after DV?

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Asset Recovery Solutions, LLC sent me a collections letter stating they would settle for 90% of an amount of, let's say ~$2300. I sent DV letter and got back 3 statements with the most recent showing ~$1800. 

Last statement is from 2012 and I am in GA.

OC was Best Buy is not on CR nor is a collections from Asset.  The current creditor is listed on the letter as Bureaus Investment Group Portfolio NO 15 LLC (WHO????)

Hit me with suggestions!

Thanks! :twothumbsup:

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1 hour ago, HockeyFan said:

Asset Recovery Solutions, LLC sent me a collections letter stating they would settle for 90% of an amount of, let's say ~$2300. I sent DV letter and got back 3 statements with the most recent showing ~$1800. 

I don't know if you're using actual amounts or not.   Did the full amount of the debt they claim in their collection letter match the amount shown on the latest statement?

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2 minutes ago, HockeyFan said:

I am use close to actual amounts. And no,  they do not match. Not even close. 

Well, then they didn't validate.  The purpose of validation is to verify that the amount claimed is the amount that's owed.

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3 hours ago, HockeyFan said:

So send them another? 

You could, but first I'd speak to a consumer attorney about an FDCPA lawsuit.

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@HockeyFan

To add to my previous post, in light of the SCOTUS ruling in Spokeo, I'm not sure you'd have an FDCPA claim.  But an attorney would know more and could also check into possible violations of state consumer laws.

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12 hours ago, HockeyFan said:

Can't afford an attorney right now   It's all me for now

Some attorneys will handle consumer law claims on a contingency basis.  Also, the FDCPA allows for a winning plaintiff's costs to be paid by the debt collector.

Contact NACA to see if there's a GA consumer attorney who would provide a free consultation. 

http://www.consumeradvocates.org/find-an-attorney

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I sent a couple emails to some firms that offer free consultations.  We'll see what happens. 

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