topic Re: Collection Agency question in Rebuilding Your Credit

Collection Agency question

DaBears — Fri, 28 Dec 2012 04:12:47 GMT

Im new to the message boards and need help with this. I checked all 3 credit reports and I have 2 medical collections on there from 2007. The collection agency is listing the loan type as COLLECTION AGENCY/ATTORNEY. Would that be accurate or misleading me to believe or trick me into calling them? Any help will be greatly appreciated.

Re: Collection Agency question

pizzadude — Fri, 28 Dec 2012 04:21:33 GMT

It may or may not be accurate, some attorneys do collections work. Just do a search on the name of the CA to find more information. You might also want to look into the statute of limitations for your state of residence to know where you stand if you do end up talking with them.

I doubt that they are trying to trick you into calling them though.

Re: Collection Agency question

DaBears — Fri, 28 Dec 2012 05:27:08 GMT

I live in IL and the statue of limitations for open acccounts debt collections is 5 Yrs. The name of the collection agency is MIRAMED REVENUE GROUP. website states nothing about attorneys just a collection company.

Re: Collection Agency question

fishbjc — Fri, 28 Dec 2012 14:20:08 GMT

If the sol is up, I'd try to settle with them for a full deletion. Medical bills aren't that difficult to remove anyway, so they may be willing to go for it. Of course, I would start at 25% and see what they say. Get EVERYTHING in writing IF they agree to a deletion. THEN, only then, make the payment.

Follow-Up with the bureau to make sure they took care of the deletion.

Keep all correspondence in a safe place for future reference.

Re: Collection Agency question

DaBears — Fri, 28 Dec 2012 15:02:04 GMT

Got a consumer attorney to remove the listing off my reports and he is going after the collection agency. They can't verify anything pertaining to the accounts and they can't list themselves as collections/attorney as a loan type.

Re: Collection Agency question

fishbjc — Fri, 28 Dec 2012 15:13:02 GMT

WAY TO GO!!!!!! Let us know if you receive a score increase as well.

Re: Collection Agency question

reneern1 — Sat, 29 Dec 2012 03:33:01 GMT

Congratulations!!! I also have medical bill that is listed as having a balance of 322.00 and the payment status on the CBA is listed as seriously past due/assigned to attorney

, collection agency, or credit grantors internal department. Was the verbiage here similar to your account? And what was your first step? What's really ironic about my case is that I paid this off last year but the CBA is showing a balance of 322.00. Unfortunately I can not find my receipt of payment. Ordered statements and can find the record of the payment strange!!

Re: Collection Agency question

DaBears — Sat, 29 Dec 2012 03:43:59 GMT

The collection agency is listing the loan type as COLLECTION AGENCY/ATTORNEY on mine. How did you pay yours off? Checking account? credit card? Certified check? All 3 CB's have to validate the debt through the OC not the CA when it comes to Medical Collections.