Rausch sturm and crown asset

[THELEGEND]

Guys been going back and forth with rausch,who represents crown,with  synchrony account. The account is only 2 years old  and i requested validation. They sent same ole stuff.. copies of statements but nothing that shows they purchased the account. Now that i have these statements,which i know is enough to meet validation,what do i need to do? Sit still and wait?

[Clydesmom]

9 minutes ago, THELEGEND said:

Now that i have these statements,which i know is enough to meet validation,what do i need to do? Sit still and wait?

With a Synchrony account I would notify RSIEH that I want to settle this dispute in JAMS arbitration.  Synchrony has one of the best arbitration clauses of all creditors. 

RSIEH WILL sue.  They are a collections suit factory.  They will not arbitrate though.  Or you settle.  

[Harry Seaward]

I wouldn't do anything until you are sued.  If you say you want to use arbitration now, but do nothing more to get the case into arb, RSIEH could possibly come back after they sue and ask the court to deny your Motion to Compel arbitration on the grounds that you didn't "follow the rules" of arbitration.  While I happen to believe this is not a proper reason for a court to deny a MTC, it happened quite recently, and now the consumer is in a position where they are facing an appeal because of it.

And for the record, I would use AAA instead of JAMS.  AAA consumer fees are a little less than JAMS, but more importantly, AAA rules specifically prohibit the arbitrator from reallocating the JDBs fees back to you at the conclusion of arbitration.  JAMS rules are not quite as clear on this matter.  It's unlikely a JDB would ever follow a consumer into arbitration, but this one fact makes it that much less likely with AAA as the arbitrator.

[THELEGEND]

3 hours ago, Clydesmom said:

With a Synchrony account I would notify RSIEH that I want to settle this dispute in JAMS arbitration.  Synchrony has one of the best arbitration clauses of all creditors. 

RSIEH WILL sue.  They are a collections suit factory.  They will not arbitrate though.  Or you settle.  

i already mentioned arb in the validation i sent them but also stated i would pursue arb. if they continue collection.