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Can i DV a CA that i have a payment arrangement with?

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golo
Frequent Contributor

Can i DV a CA that i have a payment arrangement with?

I made the mistake some years ago,i'm paying every month,they take the money straight from my account.I know,i know,i know now! Now that i found this great forum i know,sighs.Can i stop them from collecting from my bank account and DV them? They are Cavalry Portfo....

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3 REPLIES 3
pizzadude
Credit Mentor

Re: Can i DV a CA that i have a payment arrangement with?

I believe that you could send them a DV but it wouldn't override or alter your existing payment plan with them. Just my 2¢.
March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Message 2 of 4
RobertEG
Legendary Contributor

Re: Can i DV a CA that i have a payment arrangement with?

You can always request a debt collector to provide verification of a debt.

However, a DV only invokes a cease collection bar if sent withing 30 days of receipt of dunning notice.

In your case, it would not impose any requirement upon them to do, or cease to do, anything. 

 

Additionally, in your situation, your agreement is a separate contractual obligation.  One party cannot unilateral terminate a contract unless the other party has defaulted on its terms.

Message 3 of 4
golo
Frequent Contributor

Re: Can i DV a CA that i have a payment arrangement with?

In other words...i'm done,ugh! i kninda knew it,sighs...Thank you guys anyways.

Message 4 of 4
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