I sent a PFD to a CA for a dentist, and the following came back. I X'ed out the bank account number. By the way, it is totally worth the $526.73 for me to get this off of my credit report, I just want to make sure I'm not being stupid here. Do you think it's safe to deposit the cash in the CA's bank account and expect them to delete the account from the credit bureaus?
Please find a copy of the statement of charges and payments.
In order for us to agree to a deletion you would need to pay cash only. No certified funds, money orders and or personal checks at any Bank of America our account # XXXXXXXX.
Deposit in the amount of $ 526.73 must be made on or before 4-30-08; any deposit after this date and or any deposit made by any form other then cash voids our agreement to remove from the credit report.
If you have any other question please feel free to call,
CA Rep name
Legal Manager
This is an attempt to collect a debt; any information obtained will be used for that purpose.
Please find a copy of the statement of charges and payments.
In order for us to agree to a deletion you would need to pay cash only. No certified funds, money orders and or personal checks at any Bank of America our account # XXXXXXXX.
Deposit in the amount of $ 526.73 must be made on or before 4-30-08; any deposit after this date and or any deposit made by any form other then cash voids our agreement to remove from the credit report.
If you have any other question please feel free to call,
CA Rep name
Legal Manager
This is an attempt to collect a debt; any information obtained will be used for that purpose.
I guess I should have included the letter I sent to them. I pasted it below (ommitting names to protect the guilty). The letter is sent on their letterhead, and the return address on the envelope is theirs, and they included the statements for the account. So, I'm not too worried about this being their personal account. Plus, when I make the deposit I can verify the account name at Bank of America:
CA
CA Address
Re: Collection Account for OC Account #: XXXX####
Original Amount: $421
Current Amount: $495
To Whom It May Concern:
This letter is to inform you that the validity of this debt is disputed. I am not sure of the account number, as I have never heard from you regarding this account. The account number I have is the one listed on my Experian credit report – which omits the last few digits.
In the spirit of compromise, I am willing to pay this account IN FULL if you agree to immediate deletion of this account from any and all credit reporting agencies (Equifax, Experian and TransUnion). The purpose of this settlement is merely to have this item removed from my credit files. It is not to be construed as an acknowledgment of liability for this debt in any form.
If you agree to the terms and accept this agreement, certified funds for the settlement amount of four hundred and ninety-five dollars ($495.00) will be sent to CA in exchange for full deletion of ALL references regarding this account from my credit files and full satisfaction of the debt. As certified funds will be used for payment, there shall be no waiting period regarding the deletion of this account from the credit reporting agencies.
CA agrees to delete ALL information regarding this account from the credit reporting agencies WITHIN TEN CALENDAR (10) DAYS following receipt of payment as specified above and will not discuss the terms of this settlement with anyone, excluding your client on this account. If contacted by any third party, including credit-reporting agencies, CA will not acknowledge that any settlement offer was made, accepted or executed and will, in fact, deny knowledge of any such account.
If you agree to the above terms, please prepare a letter on your company letterhead explicity agreeing to the same terms as the above settlement offer and have it signed by an authorized representative of CA It will be implied that this letter shall constitute a legally binding contract, enforceable under the laws of Washington state.
Your response must be postmarked no later than 15 days from your receipt of this settlement offer or this offer will be withdrawn and I will request full validation of this alleged debt, as provided for by the Fair Debt Collection Practices Act.
Please address all correspondence regarding this account to:
My name
My address
CA
CA Address
Re: Collection Account for OC Account #: XXXX####
Original Amount: $421
Current Amount: $495
To Whom It May Concern:
This letter is to inform you that the validity of this debt is disputed. I am not sure of the account number, as I have never heard from you regarding this account. The account number I have is the one listed on my Experian credit report – which omits the last few digits.
In the spirit of compromise, I am willing to pay this account IN FULL if you agree to immediate deletion of this account from any and all credit reporting agencies (Equifax, Experian and TransUnion). The purpose of this settlement is merely to have this item removed from my credit files. It is not to be construed as an acknowledgment of liability for this debt in any form.
If you agree to the terms and accept this agreement, certified funds for the settlement amount of four hundred and ninety-five dollars ($495.00) will be sent to CA in exchange for full deletion of ALL references regarding this account from my credit files and full satisfaction of the debt. As certified funds will be used for payment, there shall be no waiting period regarding the deletion of this account from the credit reporting agencies.
CA agrees to delete ALL information regarding this account from the credit reporting agencies WITHIN TEN CALENDAR (10) DAYS following receipt of payment as specified above and will not discuss the terms of this settlement with anyone, excluding your client on this account. If contacted by any third party, including credit-reporting agencies, CA will not acknowledge that any settlement offer was made, accepted or executed and will, in fact, deny knowledge of any such account.
If you agree to the above terms, please prepare a letter on your company letterhead explicity agreeing to the same terms as the above settlement offer and have it signed by an authorized representative of CA It will be implied that this letter shall constitute a legally binding contract, enforceable under the laws of Washington state.
Your response must be postmarked no later than 15 days from your receipt of this settlement offer or this offer will be withdrawn and I will request full validation of this alleged debt, as provided for by the Fair Debt Collection Practices Act.
Please address all correspondence regarding this account to:
My name
My address
This is actually from when my ex-wife took my kids to the dentist and never paid the bill. I never got a bill and the first thing I knew about it, it was already on my credit report. I sent out a PFD to the CA months ago, and they called me. Then I called the OC and sent them a PFD, but to no avail.
I'm guessing SOL would be 6 years for Washington state since it's considered a written contract? I never signed anything authorizing treatment or anything like that, but if I can get this off my credit reports for under $1,000 it will be worth it to me. I just want this off my report. Experian says it is scheduled to continue on record until Dec. 2012, so I'm guessing that means Dec. 2005 is the DOLA?
Message Edited by tryingtogetitrightnow on 04-24-2008 11:54 PM
I'm guessing SOL would be 6 years for Washington state since it's considered a written contract? I never signed anything authorizing treatment or anything like that, but if I can get this off my credit reports for under $1,000 it will be worth it to me. I just want this off my report. Experian says it is scheduled to continue on record until Dec. 2012, so I'm guessing that means Dec. 2005 is the DOLA?
Message Edited by tryingtogetitrightnow on 04-24-2008 11:54 PM
My cousin who's a mortgage loan officer says that I should go ahead and pay this off. If I pay with cash, I can save the deposit receipt that B of A gives me. From their letter, it sounds to me like they're agreeing to the deletion if I pay cash.
Yep, it struck me as a little odd too. That's why I posted it here. When I've deposited money in to my mom's bank account at B of A before, I've always asked the teller to make sure that the account number matches the account name that I've given them. I'll do the same thing here. If it matches, then I'll deposit the money and send the CA a letter with the deposit slip receipt attached. If it doesn't match, then I'll contact the higher ups at the CA (and the OC too).
