A letter from agency for deletion! HELP (Updated)

[Anonymous]

I have a CA that I am trying to get rid of on my report. The debt is a old and I am trying to negotiate with the original collection agency it was sold to. They said they cannot locate my account.

Now, I know this probably means they sold the debt to another agency, but shouldn't they have record of the account through the vine? Can I send them a letter to request them to report to the bureaus that they do not own the debt so it can be removed from my report?

I have received another letter from a different agency stating the original agency requested their help. What do you recommend I do? Do I coordinate with the latest agency for negotiating? 

This is my only delinquent account. I hope to have this matter with the CA resolved ASAP. Thanks guys!

Update: 

Received a letter in the mail yesterday. 

"Dear Mr.:

We are writing in response to your inquiry concerning the above-referenced account. As a courtesy we have notified the credit reporting agencies to delete our tradeline.

Our records reflect a blanace of $$$ remains on the above-referenced account. Enclosed please find copy of the billing statement relating to the outstanding balance. We are willing to accept $$$ to resolve the debt in full. Our payment address is: *****. If you prefer to make your payment by phone, our toll-free is: **********. Please note that this offer does not affect your rights below.

IMPORTANT NOTICE: Unless you notify this office within 30 days after receiving this notice that you dispute the validity of this debt or any portion thereof, this office will assume this debt is valid. If you notify this office writing within 30 days after receiving this notice that you dispute the validity of this debt or any portion of it, this office will obtain verification of the debt or obtain a copy of a judgment and mail you a copy of such judgement or varification. If you request of this office in writing within 30 days after receiving this notice, this office will provide you with the name and address of the original creditor if different from the current creditor.

Thank you for the opportunity to respond."

Does the first sentence mean they have already deleted the tradeline on my reports? That's what it sounds like, but I know these guys can get tricky with their wordplay... Once I get this tradeline deleted - I will update on the success of this removal! Thanks for all your input guys.

[Medic981]

What is the DOFD? Without knowing this, all I can advise is to dispute the account as it is an inaccurate reporting of a collection account that does not belong to the reporting CA.

A couple of points to consider; if the account is beyond the SOL and nearing the time for it to drop off your account then I would leave it alone. If you dispute the account and it comes back as valid, it would update the reporting and have more of an impact on your FICO score thus lowering your FICO score.

[Anonymous]

DOFD is Dec 2017. A bit time left on the ticker.

[Medic981]

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@Anonymous wrote:

DOFD is Dec 2017. A bit time left on the ticker.

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I would not consider Dec 2017 as "old". I would contact the original creditor and attempt to get them to recall the debt and negotiate with them. By the OC recalling the debt, that removes the collection authority of the CA and that can be disputed.

[Anonymous]

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@Medic981 wrote:

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@Anonymous wrote:

DOFD is Dec 2017. A bit time left on the ticker.

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I would not consider Dec 2017 as "old". I would contact the original creditor and attempt to get them to recall the debt and negotiate with them. By the OC recalling the debt, that removes the collection authority of the CA and that can be disputed.

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Yeah, thought it was older than that - when I double checked, I said the same thing. 

I will try with the original creditor. Thanks.

[Medic981]

Good Luck and let us know how things work out.

[Anonymous]

Checking back in.. so it seems the original creditor cannot take this account back. Also, the account FDOD is much older than I originally noted - Feb 2015.

That said, the first collection agency is having a 3rd party on their behalf collect the debt. So, the CA is contracting my account out.

Now, the CA is saying that once I PIF, they will delete the tradeline from my credit reports. I asked if they can send me a letter stating this and they said no. Can I send them a letter to confirm? I don’t want to run into a situation where they don’t live up to their word. Need it in black and white. So at that point I was referred to their website FAQs:

Q - “When does “CA” stop reporting to the credit bureaus?”

A - “We are required to stop reporting on an account and to delete our tradeline within seven years of the delinquency date.

We also stop reporting and delete our tradeline on any account that is both:

Paid in Full or Paid in full for less than the full balance; and
More than two years have passed since the delinquency date”

Is this enough to rely on? Or do I need a letter for a dispute if needed later on?

Thanks!

[RobertEG]

Is the debt collector Midland?

[Anonymous]

Not Midland

[Anonymous]

Update: 

Received a letter in the mail yesterday. 

"Dear Mr.:

We are writing in response to your inquiry concerning the above-referenced account. As a courtesy we have notified the credit reporting agencies to delete our tradeline.

Our records reflect a blanace of $$$ remains on the above-referenced account. Enclosed please find copy of the billing statement relating to the outstanding balance. We are willing to accept $$$ to resolve the debt in full. Our payment address is: *****. If you prefer to make your payment by phone, our toll-free is: **********. Please note that this offer does not affect your rights below.

IMPORTANT NOTICE: Unless you notify this office within 30 days after receiving this notice that you dispute the validity of this debt or any portion thereof, this office will assume this debt is valid. If you notify this office writing within 30 days after receiving this notice that you dispute the validity of this debt or any portion of it, this office will obtain verification of the debt or obtain a copy of a judgment and mail you a copy of such judgement or varification. If you request of this office in writing within 30 days after receiving this notice, this office will provide you with the name and address of the original creditor if different from the current creditor.

Thank you for the opportunity to respond."

Does the first sentence mean they have already deleted the tradeline on my reports? That's what it sounds like, but I know these guys can get tricky with their wordplay... Once I get this tradeline deleted - I will update on the success of this removal! Thanks for all your input guys.