Good will or PFD

[tesha873]

I thought these two would fall of in 2014. I was wrong. Same account different banks. Should I send a goodwill letter or PFD? Jefferson Capital has it now I mailed a DV letter today.

CIT BANK/FINGERHUT DIREC #627645200072****

                   

6250 RIDGEWOOD ROA SAINT CLOUD, MN 56303

(866) 734-0342

Date Opened:         07/30/2005         Responsibility:         Individual Account         Account Type:         Revolving Account         Loan Type:         CHARGE ACCOUNT	Balance:         $0         Date Updated:         02/11/2010         Payment Received:         $0         Last Payment Made:         03/26/2008         High Balance:         $417	Pay Status:         >Charged Off<         Terms:         Paid Monthly         Date Closed:         11/11/2008         Date Paid:         03/26/2008                   >Maximum Delinquency of 120 days in 10/2008 for     $149<
Remarks: TRANSFERRED TO ANOTHER OFFICE
Estimated month and year that this item will be removed:   05/2015

METABANK/FINGERHUT #627645200072****

                   

6250 RIDGEWOOD RD SAINT CLOUD, MN 56303

(800) 208-2500

Date Opened:         07/30/2005         Responsibility:         Individual Account         Account Type:         Revolving Account         Loan Type:         CHARGE ACCOUNT	Balance:         $0         Date Updated:         07/11/2010         Payment Received:         $0         Last Payment Made:         03/26/2008         High Balance:         $417         Original Charge-off:         $417	Pay Status:         >Charged Off<         Terms:         Paid Monthly         Date Closed:         03/11/2010         Date Paid:         03/26/2008
Remarks: PURCHASED BY ANOTHER LENDER; >UNPAID BALANCE     CHARGED OFF<
Estimated month and year that this item will be removed:   05/2015

[DaBears]

Once the DV is validated you can offer a PFD. If they refuse than I I would PIF and then send GW letters. 

Community Leader, 

DaBears

[RobertEG]

If the OC has sold the debt and you sent a DV to the new owner/debt collector, in the absence of any reporting or dunning notice from the debt collector, your DV apparently was timely.

As such, the debt collector is now under a cease collection bar.  That precludes them from conducting any collection activities on the debt until they have first provided the requested debt verification.  Thus, they cannot conduct negotiations on a settlement or PFD deletion until they have first provided the requested debt verirication.

You can either PIF, which involves no collection activity initiated by them, and then pursue a GW request, or you can wait until they choose to verify the debt, and then pursue a PFD offer.