BY LAW Y7OU DO NOT HAVE TO ASSIST THEM AND ONCE THE ALLOTTED TIME IS EXPIRED IF THEY HAVE NOT SENT PROOF IT WILL HAVE TO BE REMOVED. IF IT HASNT I WOULD FORWARD THAT LETTER AND ANY OTHERS TO THE CR.
I got the same letter... like they were telling me it was my responsibility to do their job for them.
I am trying to figure out how I can spin this to work in my favor.
I am in New Jersey and Midland bought several of my collection accounts and used a firm here in NJ to collect them all. I have paid the firm on most but it seems like
Midland keeps buying my old debt because I just got a letter in the mail this week about 2 more (I only have about 5 more accounts left unpaid, everything else has been PIF or settled in the last 3 years). Dealing with the law firm is easy and since they are familiar with my name they know I will eventually pay the debt. Right now I am
on a payment plan of $50 and $75 a month until I get my tax return in March and then I will just settle with the law firm. The debt is 1200 & 2300. I joked with the law firm saying they are making lots of money from me....my contact just laughed. At the end of the day the debt is mine, I won't fight it but I also can't pay it out right so the payment
plan works. I never wanted to deal with a law firm putting a judgement out there or taking my pay check. Now I just wish Midland would delete all the paid accounts!!
of course they keep buying your accounts.... you keep giving them money. You are their ideal customer. Midland is one of the easiest junk debt buyers to beat in court and i dont recommend giving thema dime for the acount they bought for pennies on the dollar, and dont even have clear title to.
I think I may try to send the MCM information request letter to the CRAs with a personalized letter. Explaining that the account is already in dispute......I request that they be removed because they never validated ANY information.
A CA is not required to validate nor remove an account from your CR if they don't. In all likelihood, the CRA will not care either.
Thanks guiness56....just took the wind out of my sails...LOL!!!!