topic Re: DV'd through email in Rebuilding Your Credit

DV'd through email

kobe2012 — Tue, 30 Oct 2012 04:06:20 GMT

I have one last collection on my report and last week I tried to DV it... today, I got a mail from the collection agency with the OC and the balance.....does this mean they validated my account??.. it's supposed to come off on 07/2013 or 08/13 but am wondering, should I just ask for PFD instead and pay it just to get it over and done with?? please advise

Re: DV'd through email

Shogun — Tue, 30 Oct 2012 04:15:33 GMT

Let's take a look at this debt. What's the SOL of your state? How much is the debt for? This might make a bit of a difference in the tactic you use for a PFD.

Re: DV'd through email

kobe2012 — Tue, 30 Oct 2012 04:18:54 GMT

Shogun wrote:
Let's take a look at this debt. What's the SOL of your state? How much is the debt for? This might make a bit of a difference in the tactic you use for a PFD.

Hi shogun... SOL here is 5 yrs (CA).. debt was for $673 (interest inluded)....

Re: DV'd through email

Shogun — Tue, 30 Oct 2012 04:26:17 GMT

So you have a $673 debt that is past the SOL of your state and is scheduled to fall off in 8 or 9 months. I'd pay it, but I wouldn't pay all of it. Offer them a PFD for 50%. Be nice to them but don't acknowledge the debt is yours. For example.

I am writing you in regards to acct. #xxxxx. While I am by no means acknowledging this as a legitimate debt, I would be willing to show a gesture of goodwill and resolve this debt for $300 if you will return my gesture of goodwill and omit any and all postings pertaining to this debt from all the credit bureaus.. I do understand that this debt is past the SOL of my state and is nearing the time period of which it may remain on my credit report but I would be willing to resolve this now.

Anyway, put something like that on there. Send it in, see what they say. Good luck.

Re: DV'd through email

kobe2012 — Tue, 30 Oct 2012 04:33:43 GMT

:smileysad:
Shogun wrote:
So you have a $673 debt that is past the SOL of your state and is scheduled to fall off in 8 or 9 months. I'd pay it, but I wouldn't pay all of it. Offer them a PFD for 50%. Be nice to them but don't acknowledge the debt is yours. For example.

I am writing you in regards to acct. #xxxxx. While I am by no means acknowledging this as a legitimate debt, I would be willing to show a gesture of goodwill and resolve this debt for $300 if you will return my gesture of goodwill and omit any and all postings pertaining to this debt from all the credit bureaus.. I do understand that this debt is past the SOL of my state and is nearing the time period of which it may remain on my credit report but I would be willing to resolve this now.

Anyway, put something like that on there. Send it in, see what they say. Good luck.

i'll probably just copy that and see what happens.... probably settle for lesser since it's a really old account... hopefully theyll take it and delete the account.... my other two GW letters that i sent out last month wasn't successful...

Re: DV'd through email

kobe2012 — Tue, 30 Oct 2012 04:34:02 GMT

and thanks for being so helpful!!!!!

Re: DV'd through email

Shogun — Tue, 30 Oct 2012 04:42:56 GMT

You're welcome, and yes,, defininitely offer less. If you're not embarassed to offer it, you didn't go low enough!

Re: DV'd through email

kobe2012 — Tue, 30 Oct 2012 04:49:53 GMT

Shogun wrote:
You're welcome, and yes,, defininitely offer less. If you're not embarassed to offer it, you didn't go low enough!

what's the best way to communicate??? by letter or by phone???

Re: DV'd through email

Shogun — Tue, 30 Oct 2012 04:58:34 GMT

Letter I'd say. That way there's a paper trail.

Re: DV'd through email

MikeC80 — Tue, 30 Oct 2012 16:19:38 GMT

What's the name of the collection company?

Re: DV'd through email

kobe2012 — Tue, 30 Oct 2012 16:32:45 GMT

So, I emailed them again and gave an offer... someone from the office replied and said they can't take the offer... "if i pay the full amount by 10/31, they will delete"...lol...he gave me one day!!!! haaaa... the worst deal ever!!

Re: DV'd through email

kobe2012 — Tue, 30 Oct 2012 16:33:10 GMT

MikeC80 wrote:
What's the name of the collection company?

it was fidelity credit services

Re: DV'd through email

diabla — Tue, 30 Oct 2012 16:51:08 GMT

kobe2012 wrote:
So, I emailed them again and gave an offer... someone from the office replied and said they can't take the offer... "if i pay the full amount by 10/31, they will delete"...lol...he gave me one day!!!! haaaa... the worst deal ever!!

LOL, that's horrible! How bad is it hurting you? If its not causing you too much trouble, I'd let it drop before I paid them in full.

My ex had a collections from 2002 for $1000, they offered to settle for 10%, lol. Way past SOL and probably not even on his report any longer, they just want something, anything, to keep their lights on!

I'm surprised your CA is not being more flexible. Maybe they think they will try for the highest first before they fold. Try an actual letter instead of an email, it might go to someone different who will accept.

Re: DV'd through email

kobe2012 — Tue, 30 Oct 2012 21:15:56 GMT

diabla wrote:
kobe2012 wrote:
So, I emailed them again and gave an offer... someone from the office replied and said they can't take the offer... "if i pay the full amount by 10/31, they will delete"...lol...he gave me one day!!!! haaaa... the worst deal ever!!
LOL, that's horrible! How bad is it hurting you? If its not causing you too much trouble, I'd let it drop before I paid them in full.

My ex had a collections from 2002 for $1000, they offered to settle for 10%, lol. Way past SOL and probably not even on his report any longer, they just want something, anything, to keep their lights on!

I'm surprised your CA is not being more flexible. Maybe they think they will try for the highest first before they fold. Try an actual letter instead of an email, it might go to someone different who will accept.

Its a 6+ old account..is about to drop on 7/2013 or 8/2013 ... Its not really hurting me as i got the cards i wanted and will be gardening for a while.. i was hoping they will take it since its gonna be deleted soon... Lol, but of course, they will try to do their best to make money...oh well, ill probably just wait 8 months

Re: DV'd through email

RobertEG — Tue, 30 Oct 2012 21:57:50 GMT

You can certainly, based on its impending CR exclusion, choose not to pay the debt.

However, there are still compelling reasons to do so, outside of simple credit report issues.

While future creditors wont be able to uncover the fact of old, unpaid delinquent debt by a simple pull of your CR, that does not make the debt go away, or serve as basis, if asked, to state that you have no unpaid, delinquent debt.

It is always preferable to be able to honestly answer....No.

As for the original question of the post, the statute requires a DV to be "in writing." I would avoid any issue of whether an email is "in writing" by sending snail mail.

Re: DV'd through email

intherightdirection — Wed, 31 Oct 2012 15:49:53 GMT

Thanks, Shogun. I have some PFDs to write as well for accounts past SOL, but was still unsure what to say and how much to offer. :)

Re: DV'd through email

Shogun — Wed, 31 Oct 2012 15:55:39 GMT

They offered to delete, now had they agreed to the amount you offered, they would have gotten some money. I do agree with RobertEG though in getting rid of the debt if possible. The bottom feeders that come out later during Zombie debt are a less conforming to rules and regulations. I'd write back and just ask how much exactly would it take to end this now. Just a suggestion. Good Luck.

Re: DV'd through email

kobe2012 — Thu, 15 Nov 2012 06:03:31 GMT

So, I emailed them again last week and still hasn't gotten the usual quick response from them (by mail or email)... I asked who was the "true" lender of the account and when was the date of first delinquency occurred... I told them the validation wasn't so clear to me as the OC on the statement they sent was from the school but the loans on the statement were from department of education and a private lender (TFC -- this was the lender what went charged off and went to collection -- just recently got deleted off of my reports)... i do believe that when TFC went to collection, it was sold to this company "fidelity" and instead of TFC as the OC, they reported the name of the school as the OC instead...... so now, the delete date was moved to 06/2013 instead of 12/2012...... this last collection should've off of my reports this month or next month but now, I have to wait anoter 6 months or so to get deleted...... how can I verify all these infos???