topic Is it possible to set a PFD Booby Trap? in Rebuilding Your Credit

Is it possible to set a PFD Booby Trap?

Anonymous — Mon, 12 Mar 2018 20:02:41 GMT

I was wondering if anyone had any success or attempts at setting a PFD booby trap. Basically, sending a creditor a check for the full amount, but a letter attached to it saying in legalese "if you accept this check for the full amount you are agreeing to remove and delete the account".

Any thoughts?

Re: Is it possible to set a PFD Booby Trap?

gdale6 — Mon, 12 Mar 2018 20:40:10 GMT

These types of endorsements have no effect, court rulings have already been given on such things. The only way to get a PFD is to have them grant it in exchange for the payment.

Re: Is it possible to set a PFD Booby Trap?

Anonymous — Mon, 12 Mar 2018 21:34:25 GMT

@gdale6 you nailed it. Restrictive covenants do not work. Much like the person who mails a check for $50 on a $5000 wit a covenant on it tha says cashing this check pay t in full. Creditor will either return it cause they are nice or just cash it cause covenant means nothing. Card memeber agreements address it as well as the courts.

Re: Is it possible to set a PFD Booby Trap?

Anonymous — Mon, 12 Mar 2018 23:02:59 GMT

Thanks for the info, I wasn't sure if it was a thing or not.