topic Re: Advice on a possible PFD? in Rebuilding Your Credit

Advice on a possible PFD?

Mvpbowler — Tue, 13 Aug 2013 01:26:46 GMT

Hey everyone.. I have an account from CorTrust that is on my CR and I was wondering the best way to go about taking care of it?

Here is how it shows up for TU. Any thoughts and advice is great appreciated!!

Account Name:	No match found.	No match found.	CORTRUST BK
Account #:
Payment Status:			Charged off as bad debt
Account Type:			Unknown
Balance:			$473
Date Open:			09/16/2008
Last Updated:			07/13/2012
Account Status:			Closed
Terms:
Phone #:			No Phone Provided
Address:
Ownership:
Original Creditor:			-
Company Sold-to:			-
Credit Limit:			$300
Monthly Payment:			-
Past Due Amount:			$473
High Balance:			$473
Balloon Payment:			-
Comments:			-

Re: Advice on a possible PFD?

Shogun — Tue, 13 Aug 2013 02:19:10 GMT

Can you pay? I'd start with a PFD if you can.

Re: Advice on a possible PFD?

Mvpbowler — Tue, 13 Aug 2013 02:42:03 GMT

Not sure if I can pay, was hoping maybe someone had some insight or one of the guru's had an idea.

Re: Advice on a possible PFD?

Anonymous — Tue, 13 Aug 2013 02:47:14 GMT

Has your states SOL expired? If so, offer them a settlement for deletion. They may not bite but worth the try.

Re: Advice on a possible PFD?

Mvpbowler — Tue, 13 Aug 2013 03:01:02 GMT

I do believe they have.. From what I have read Nevada has SOL of 4 years and my first DoFD was 05/2009 and if I understand SOL right, I am outside of it now correct?

Re: Advice on a possible PFD?

Mvpbowler — Tue, 13 Aug 2013 03:05:04 GMT

Also is it best to send a letter with CMRRR, try and email, or to call them? Thanks

Re: Advice on a possible PFD?

Anonymous — Tue, 13 Aug 2013 03:09:22 GMT

If the DoFD was 5/2009, yes, it expired 5/2013.

I would write them a letter asking to settle for a deletion. I would not personally send it CMRRR, looks to demanding and a PFD is a type of GW.

Re: Advice on a possible PFD?

Mvpbowler — Tue, 13 Aug 2013 03:10:43 GMT

Thank you very much for your help! I appreciate it