Rebuilding Your Credit

[Icemanku]

I'm almost positve this is a HSBC card that I took out about 6 years ago and went into collections when I lost my job.

I'm going to ask for a DV, but how can they list themselves as the OC when they're the CA that bought the account from HBSC???

Should I send a DV letter and wait for them to validate and then send them out a PFD? If so do I ask to PFD on the $780 or less or the current balance of $1,006?

What should I do in this situation? 

THE BUREAUS
Agency Address:	1717 Central St Evanston, IL 602011507 (847) 328-4300
Date Reported:	12/2010
Date Assigned:	08/2008
Creditor Classification:	Retail
Creditor Name:	BUREAUS INVESTMENT GROUP NO 13
Account Number:	XXXX
Account Owner:	Individual Account.
Original Amount Owned:	$780
Date of 1 st Delinquency:	01/2008
Balance Date:	12/2010
Balance Owned:	$1,006
Last Payment Date:	N/A
Status Date:	12/2010
Status:	D - Unpaid
Comments:	N/A

[Icemanku]

I have a bad feeling about this...

Can anyone offer any help?

[llecs]

They are saying the DOFD was 3 yrs ago. Assume for a second that SOL had not expired, I would send a DV letter if I had the $$$ set aside to PIF if I had to (to avert a judgment if being sued). I never heard of these guys before and googled them. It appears they fold rather easily and I bet a DV would get them off. If not, and if they respond, then at least you'll have more info about this. I'd wait on their response before figuring out a PFD amount.

[surfone7]

They bought my HSBC charge off. I DV'd them and they sent me the required info.  I paid them off a few months ago. They were easy to deal with.

[Icemanku]

Did you try a PFD with them?

[surfone7]

No, I didn't have the money at the time so I settled with them for 65% of the balance and then a month later called and worked it out where I paid the difference between the settlement and the amount that was originally owed for deletion and they deleted. I would try and do a PFD, they were really easy to work with..... for a collection agency.

[Icemanku]

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surfone7 wrote:

No, I didn't have the money at the time so I settled with them for 65% of the balance and then a month later called and worked it out where I paid the difference between the settlement and the amount that was originally owed for deletion and they deleted. I would try and do a PFD, they were really easy to work with..... for a collection agency.

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That's great news Surfone! I'm going to try and see about a PFD.