Totally confused.. Awghhhhhh...

[Jayleesmimi]

On my collection account:

Elitrecsvc (Elite Recovery Services)

DOLA: 11/2005

Credi Type: Open Account

$1197.00

I read the boards, but I am so confused!

Is there a post that outlines in one place the general steps (in order) to be taken?  What to do first, DV or dispute first with CA?

I know this will get better, but this is worse to me than going through my divorce, which by the way started all this mess.

Thanks guys.....   really!

[fused]

---

Jayleesmimi wrote:

On my collection account:

Elitrecsvc (Elite Recovery Services)

DOLA: 11/2005

Credi Type: Open Account

$1197.00

I read the boards, but I am so confused!

Is there a post that outlines in one place the general steps (in order) to be taken?  What to do first, DV or dispute first with CA?

I know this will get better, but this is worse to me than going through my divorce, which by the way started all this mess.

Thanks guys.....   really!

---

Is this debt yours?

[Jayleesmimi]

Unfortunately, yes.

[fused]

---

Jayleesmimi wrote:

Unfortunately, yes.

---

Since this debt is yours, I would not pay it unless the CA agrees to a PFD on their letterhead. I would not DV the CA and I would not dispute it with the CRAs as not mine. The thread below should help you.

http://ficoforums.myfico.com/fico/board/message?board.id=generalcredit&message.id=2659

[Jayleesmimi]

Thanks again.

[Jayleesmimi]

umm. one more question.....

I guess you would have to offer the % as in the letter on the whole CO amount, even if it includes tacked on interest?  I don't know that it does, but if it did.  Would you add something in there that you were giving a % on the original amount owed (not with interest added on top)  And if so, I don't know how I could find that out anyway.  Guess I have too many things going through my head.

Thanks again.

[fused]

---

Jayleesmimi wrote:

umm. one more question.....

I guess you would have to offer the % as in the letter on the whole CO amount, even if it includes tacked on interest?  I don't know that it does, but if it did.  Would you add something in there that you were giving a % on the original amount owed (not with interest added on top)  And if so, I don't know how I could find that out anyway.  Guess I have too many things going through my head.

Thanks again.

---

The % of the total balance you offer to pay in your PFD is up to you. I would offer 40% and see where it goes. If they demand 100% of the balance be paid and they agree to delete, don't be a fool, take it! The goal here is deletion.

[Anonymous]

Jayleesmimi, even if you can't get it deleted, don't lose heart. How many revolving charge accounts (i.e., credit cards) do you have now?

[Jayleesmimi]

I have no revolving credit cards open at the moment.  I used to have 3 or 4, but after a divorce, I no longer have them.   I do had a Wells fargo Visa.

When I do a PFD, do you use a confirm delivery or return receipt requested when you mail it? What is normally done?

Thanks