CA reporting but want to pay OC for delete.Possible?

[momof2]

I have an account that is being reported to CA that was sent to collections in 7/2004. It says original amount $1614 and balance $1708. When we signed the lease it said that if we break the lease that we have to pay for the month we got for free. So we owe for 2 months which would equal to $1300, CR's show original balance $1614 so how can $1300 turn into $1614 being reported as original balance and a new balance of $1708?

Nextly I plan to use the tax rebate to pay for this since i am expecting $1800(married joint w/2 kids) should I contact the OC to try for a PFD, or should i just mail them a check to them, them expecting it out of the blue and then send the CA the letter stating that if they arent the payee that they need to delete?

remember this account is almost 4 years old, SOL is not up untill July.

[momof2]

OK just got off the phone w/OC. I didnt give any info on my account so i dont all of a sudden get sued, well turns out that the apt complex was bought out and the original management is no longer around, the lady told me that becuase the apt complex is under new management that it would be impossible to pull my records cause the new management started a new fresh database.

So would my ONLY option be, is to do deal with the CA?

The CA is Sentry Recovery serivces, has any one heard of or dealt with them? the CA is based in Las Vegas.

Also according to the AG in Nevada, a CA can NOT charge interest on an account unless their is an agreement w/the OC, since the OC is no longer in existance, how would I go about finding out if the OC and CA had a written agreement to charge me interest on the account?

[bott6698]

I am not the expert here but sounds to me like a perfect case to DV the CA since they can't prove it now, ALthought being in SOL makes that risky but your prepared to pay it anyway so to me seems like best option but experts will chime in

Message Edited by bott6698 on 04-25-2008 02:21 PM

[momof2]

even if the OC doesn't exist, wouldnt the CA still be able to validate b/c they bought the account before the OC was bought out?

Or is the likely hood not their?

[Anonymous]

mom im guessing here......IF the CA doesn't own the account and the OC is gone........by law the CA should have deleted!  They have no right to collect!!!

I would DV the CA......because this is for something that you would have had to sign for....I would think that they need to have your sig!!!

An assignment goes away when the assignee goes.

When was the last time that they updated??

[momof2]

happy days-----Here are the dates the last time the CA updated TU-7/14/2005, EX-9/28/2004, EQ-7/2005

I would think that the CA own's the acocunt b/c they are the ones that are reporting on my CR's, i would think that if they dont own it, then they couldnt have reported it in the 1st place, right??

To make sure I understand what you are saying correctly, b/c the OC was bought out, then the CA couldnt legally collect?

I doubt that the CA would have a copy of the original contract signed by me and my DH, then I can send the CA a DV asking for a copy of the contract and chances are they couldnt provide it?

Or is their a chance that the OC gave the CA a copy of it before they were bought out?

[Anonymous]

If you can wait until August 1st, to start dealing with them- I would.

On the slight chance that they bought the account and they have all the documents to prove it is your debt, they could realize SOL is about up.

I understand you'll have the money to pay if you get sued. But you won't have time to negotiate with them if they validate. If they choose to sue, you'll have to go ahead and pay it to keep a judgment from being on your CR.

But if you wait until after SOL is up, it allows you to negotiate a PFD if they validate without running out of time and having to remain with it on your CR. Start negotiating after SOL is out and it leaves them with less options instead of you with loss options. If they think you'll only pay if they delete and they know you are aware that SOL is expired, then they will be more likely to accept.

This is all just my opinion and is assuming that they validate.

[Anonymous]

A CA does NOT have to own the account to report it. If they were assigned to collect on it for the OC, then they can report it.

[momof2]

DOFD is 5/2004 why wait untill aug to ask for DV?

what are the chances that the OC gave them everything for documentation?

I always thought that in order for a CA to validate and provide all documents that they would have to contact the OC for the documents, true not true?

[momof2]

how would i know if the CA owns it or was just assigned to them?