topic Re: Pfd help in Rebuilding Your Credit

Pfd help

Anonymous — Wed, 01 Feb 2017 17:41:49 GMT

I have a collection for $636 it is 4yrs old. I'm wanting to get rid of this, paying is no problem, i just want it to be removed after payment.
I've seen a few pfd letters, and they seem contradictory i.e "i dispute the validity of this debt, but im willing to pay in full" am i reading these letters wrong? To me, i would be saying "this debt is not mine, however, Im more than happy to pay it" haha

Anyone have any good ideas of a letter, Or a letter you yourself have used (successfully)?

Also, will a pfd letter work on medical? I have a few medical collections.

Any insight is appreciated.

Re: Pfd help

RobertEG — Wed, 01 Feb 2017 18:43:31 GMT

You are basically correct in the perception that a DV that explicitly disputes the validity of the debt can be contradictory in its implication if it also requests a PFD agreement.

A timely DV that disputes the accuracy of the debt, in whole or in part, imposes a cease collection bar on the debt collector. FDCPA 809(b).

That thereafter prevents the debt collector from collection activities until they have first sent the requested validation.

That includes their ability to negotiate payment of the debt.

Thus, including both a dispute of accuracy of the debt and terms for negotiation of its payment can create confusion.

If your communication is intended as a PFD offer, I would leave out any direct statement that you dispute the debt.

Language such as not admitting to the debt, but willing to negotiate payment to resolve the matter is fine.

Clear dispute of the accuracy raises legal issues that should be avoided......

Re: Pfd help

Anonymous — Thu, 02 Feb 2017 05:07:25 GMT

Thank you, RobertEG.

Re: Pfd help

Anonymous — Thu, 02 Feb 2017 05:08:26 GMT

As for the medical side, would a pfd work on a medical collection?

Re: Pfd help

Ginger1975 — Thu, 02 Feb 2017 17:25:12 GMT

Last year I had Amcol and IC Systems do PFD. This year Amcol told me they don't do that. I haven’t asked again since I don't have the funds yet anyway.

Re: Pfd help

Anonymous — Thu, 02 Feb 2017 18:29:20 GMT

@Anonymous wrote:
As for the medical side, would a pfd work on a medical collection?

For the medical collections google the HIPPA Letter Process follow it exactly as laid out. If you have problems finding the website or any questions PM me.