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Dynamic Recovery Solutions

Regular Contributor

Dynamic Recovery Solutions

I got a SW alert today saying I had a new inquiry. DRS. I have done some research and it appears they are most likely JDB, bottom feeders. Would anyone second this or know any different? Should I send a DV?
Message 1 of 18
17 REPLIES
Regular Contributor

Re: Dynamic Recovery Solutions

Bump
Message 2 of 18
Member

Re: Dynamic Recovery Solutions

These guys are hounding me for a 12 yr old Discover charge-off. They called me this weekend, and Tues. morning Equifax notified me that they did a hp on my CR. They are rude, and the CSR I talked to was barely relaying the information. I'm sending them a DV, and they are a bottomfeeder from what I've read here but I'm not sure what to do about the hp??  I'm new to all this. Can anybody out there advise US? Smiley Happy

Message 3 of 18
Valued Contributor

Re: Dynamic Recovery Solutions

Yeah I just got a Hard Pull from them on Equifax, so weird, the debt i'm 100% sure is probably pass SOL, when I send the DV letter should I send it Certified?

"I am become death, the destroyer of worlds"
Message 4 of 18
Moderator Emeritus

Re: Dynamic Recovery Solutions

Always send the DV certified.

 

With an account that old, there a couple of ways of dealing with it.

 

1.  Settle the debt, maybe 20% or so just to get rid of it.

2.  Send them a cease and desist letter.

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Message 5 of 18
Valued Contributor

Re: Dynamic Recovery Solutions


Shogun wrote:

Always send the DV certified.

 

With an account that old, there a couple of ways of dealing with it.

 

1.  Settle the debt, maybe 20% or so just to get rid of it.

2.  Send them a cease and desist letter.


Ok I will send a DV letter certified then C & D. I assume they won't return my DV letter.

 

Is there anyway I can dispute with Equifax to get that hard inquiry removed? I think they are doing it because they aren't allowed to report it as a collection to the CRA am I correct?

"I am become death, the destroyer of worlds"
Message 6 of 18
Member

Re: Dynamic Recovery Solutions

Hey, tonyj! I disputed with Equifax and it came back lickety split. Verified. O.o REALLY, Equifax? Did you even blink? Smiley Mad

 

My question is can they CONTINUOUSLY ping my CR for the next umpteen years even after sending a cease and desist?

Message 7 of 18
Epic Contributor

Re: Dynamic Recovery Solutions

Yes.  A cease and desist just means they cannot contact you personally.  It does not take away their PP for pulling your CR.

 

Depending on your state laws, they may or may not be able to pull your CR after SOL has expired.

 

What is continuously? 

 

 

Message 8 of 18
Valued Contributor

Re: Dynamic Recovery Solutions


guiness56 wrote:

Yes.  A cease and desist just means they cannot contact you personally.  It does not take away their PP for pulling your CR.

 

Depending on your state laws, they may or may not be able to pull your CR after SOL has expired.

 

What is continuously? 

 

 


Are they allowed to report the TL as a collection account still? even if it's passed the SOL in California?

 

 

"I am become death, the destroyer of worlds"
Message 9 of 18
Epic Contributor

Re: Dynamic Recovery Solutions

That depends.  State SOL has nothing to do with reporting.

 

If the CRTP (7.5 years past DoFD) is expired, no they cannot.  If it hasn't, yes they can.

Message 10 of 18