topic Re: Dynamic Recovery Solutions in Rebuilding Your Credit

Dynamic Recovery Solutions

Anonymous — Mon, 16 Sep 2013 17:08:15 GMT

So I got a call from Dynamic Recovery Solutions just now, and I want to make sure I proceed correctly, so I don't screw something up. I just, last month got all the collections off of my report (in total 5 differnt ones and it took almost a year), so I'm kind of freaking out a little bit. To my knowledge I don't have any unpaid debts in the last 7 years other than the collections that I just paid off or got deleted.

I called the number and she wanted me to verify my name and last 4 of my social, which I refused. I asked her to send me something in writing since I wouldn't verify and she asked for my address. I told her she should have that on file and she got really snotty and hung up on me and said to call back when I was willing to work with her so she could tell me what she had, "pending."

Anyways, so I'm thinking that I should send a DV. Can you confirm this? My main objective is to keep anything collections off of my report and if it's something I do actually owe, I don't mind paying it. I have a suspicion though that DRC is kind of a bottom feeder trying to collect a zombie debt from 7+ years ago based on some other posts on this forum about them. Also, why wouldn't they have just issued a tradeline on my report if I really do owe them?

Re: Dynamic Recovery Solutions

Anonymous — Mon, 16 Sep 2013 17:17:21 GMT

Yes, send a DV. Ask for the name and address of the OC and an itemization of the debt.

Re: Dynamic Recovery Solutions

Anonymous — Mon, 16 Sep 2013 17:23:47 GMT

@Anonymous wrote:
Yes, send a DV. Ask for the name and address of the OC and an itemization of the debt.

OK, will do. And since this stops collection activity until they provide a dunning, does that mean they can't report it either? These are the guys that like to ding your CR with HPs apparently, so basically this is no good. It's never ending it seems.

Re: Dynamic Recovery Solutions

Anonymous — Mon, 16 Sep 2013 17:27:35 GMT

It stops collection activity until they validate, not send a dunning notice.

As long as they receive the DV before they try to report, then no they could not. However, they can report anytime between now and then,

Re: Dynamic Recovery Solutions

Anonymous — Mon, 16 Sep 2013 17:42:12 GMT

@Anonymous wrote:
It stops collection activity until they validate, not send a dunning notice.

As long as they receive the DV before they try to report, then no they could not. However, they can report anytime between now and then,

Ok, about to print out the DV and head to the post office. Aside from my name and address, should I include any other information in the DV? Here's what I have so far:

My Name

Address

City, st zip

Dynamic Recovery Solutions

Address

City, st, zip

I received a call from your call center claiming I owe a debt. Under FDCPA 809, send me validation of this debt including:

1) The name of the original creditor

2) The address of the original creditor

3) An itemized list of the debt

And final question hopefully, worth it to try and overnight it to them to stop any potential reporting?

Re: Dynamic Recovery Solutions

Anonymous — Mon, 16 Sep 2013 17:41:15 GMT

Sounds good. Good luck.

Re: Dynamic Recovery Solutions

Anonymous — Mon, 16 Sep 2013 17:42:37 GMT

Thanks for all of your help!

Re: Dynamic Recovery Solutions

Anonymous — Thu, 24 Oct 2013 19:27:30 GMT

So it's been a little over a month since I made this thread. I actually sent them DV (signed for on the 18th of Sept. ) and they never responded. However, today I got another call from them. I'd like to sue them since they are clearly just ignoring the law (not to mention they are trying to collect a 6-7 year old debt). Any suggestions on what type of lawyer, or even better if someone can PM me the name of someone they've used.

Thanks in advance!

Re: Dynamic Recovery Solutions

RobertEG — Thu, 24 Oct 2013 19:45:21 GMT

I would draft a formal complaint addressed to the CFPB, with the issue being their clear violation of FDCPA 809(b) by continuing collection activities after receipt of your DV.

Include a statement that it was sent prior to receipt of any dunning notice, along with a copy of your mailing receipt, and was thus timely.

Include, at the bottom of the complaint, "cc: (name of debt collector)" and send a copy of the complaint to the debt collector.

It will inform them now of your complaint and knowledge of your rights.

Let them justify their violation to the CFPB.

Re: Dynamic Recovery Solutions

Anonymous — Thu, 24 Oct 2013 20:17:21 GMT

@RobertEG wrote:
I would draft a formal complaint addressed to the CFPB, with the issue being their clear violation of FDCPA 809(b) by continuing collection activities after receipt of your DV.
Include a statement that it was sent prior to receipt of any dunning notice, along with a copy of your mailing receipt, and was thus timely.

Include, at the bottom of the complaint, "cc: (name of debt collector)" and send a copy of the complaint to the debt collector.
It will inform them now of your complaint and knowledge of your rights.
Let them justify their violation to the CFPB.

I actually like this idea better, thanks.

Re: Dynamic Recovery Solutions

newmomnewme — Mon, 18 Nov 2013 15:00:27 GMT

They just called me as well. A payday loan that I took out in 2006...It isn't on my CR, but obviously they pulled my CR since she told me about the credit that I had available on my CCs...Wow.

Re: Dynamic Recovery Solutions

Anonymous — Mon, 18 Aug 2014 17:32:01 GMT

I keep receiving calls from this company about a 2002 debt how do I get rid of them?? they keep calling multiple times a day.

also what is a DV?? does it mean Debt Verification??

Re: Dynamic Recovery Solutions

LShawn08 — Mon, 18 Aug 2014 17:57:31 GMT

Debt Validation, You can send them a Cease and Desist letter. Your way over for anything to be reported on your credit report

Re: Dynamic Recovery Solutions

Anonymous — Mon, 18 Aug 2014 18:05:03 GMT

Thank you!

I will definitely look into a cease an desist letter and do you have any links for online forms like this?

any help would be appreciated again thank you I really appreciate the help.

Re: Dynamic Recovery Solutions

LShawn08 — Mon, 18 Aug 2014 18:09:35 GMT

I don't, sorry but hopefully that C&D will do the trick and also if they do try to your report, dispute with CB's as a obsolete debt.

Re: Dynamic Recovery Solutions

Anonymous — Mon, 18 Aug 2014 18:29:21 GMT

Sounds good thank you so much

and CB is credit bureau right?

Re: Dynamic Recovery Solutions

LShawn08 — Mon, 18 Aug 2014 18:36:01 GMT

Yep, good luck!