In Oct my husband and I separated. As a result, neither of us could afford our car payment through Cap 1. So we voluntarily surrendered it, I know a repo is a repo....
Fast forward to present - I have a CA (Financial Asset Management) trying to collect on behalf of Cap 1. Cap 1 never sold the account. I sent a settlement offer CMRRR for $9000 to the CA. In the letter it also included a statement advising that I will not accept any calls on this, only correspondence in writing. They received the letter on 3/24.
Since then, they have called me 3 times. Today I answered the phone and advised her of this and she insisted that I had to list a specific phone number or it wasn't valid and that I was interpreting the FDCPA incorrectly and that she will correspond with me in writing only after we can verbally agree to payment terms as they were not accepting my settlement. If I don't discuss this with her, then she is going to start judgment procedures and income verification, etc.
So... I don't know what to do now. I told her that I needed to discuss this with the other party (husband) to see what we can come up with. She is a typical debt collector, very rude and arrogant and on top of this for Cap 1... so I don't want nor need a judgment, but don't know how to proceed on this.
Any suggestions/help at all? I am just getting started on repairing my credit and this is the absolute last thing I need... as anyone... I was honestly thinking about letting them verify considering the fact that both of us living separately, with separate expenses isn't going to be favorable to getting paid, period. Or should I be contacting a lawyer for assistance at this point?
Message Edited by grneyes on
03-31-2008 11:21 AMMessage Edited by grneyes on
03-31-2008 03:08 PM
FICOs
3/24/08 EQ 581 TU 509 EX 517
3/14/08 EQ 547
2/21/08 EQ 507