I'm just getting started with my credit repair. I'm starting with what were my Sears accounts have been sold to a collections agency.My first step was sending a validation letter to the agency. If they can validate the debt (and I'm sure they can-I know these accounts are valid), can I still send a PFD letter?I'm afraid I jumped into this without the proper research. I wasn't even thinking about SOLs and the like. Can I send a PFD with a settlement amount even if the debt is valid?
Why are they saying he owes $329? Unpaid rent from the evacuation?
Hi there-I'm helping my friend get out of some major financial trouble and we've just started looking at his credit report. He has one particular collection from an apartment he had to abandon after Katrina. The apartment wasn't damaged, but his place of work was demolished, so he ended up having to move. Since they "re-opened" the apartments a month or so after the evac, they're now trying to collect $329 from him. He was current on his rent payments prior to Katrina.Personally, I think this one is a bit of a crock of you know what, although per his lease, he says that he's legally liable. Does anyone have any opinions on the best way to handle this one? A PFD letter or a GW letter? If we did a PFD letter, I would personally want to try for a reduced settlement... but what would a good dollar amount be? 50%? 25% because they're being stupid and ridiculous?Can I tell them I think they're stupid and ridiculous???
Since there was no damage to the complex, the apartment opened back up after the evacuation and they expected payment AFTER Katrina. If you recall, Katrina hit at the very end of August. I believe this is for remainder of September's rent before he was able to call and terminate residency.