@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
So I'm planning on using this strategy to get some TL from CA removed.
My question is , after I contact the OC and successfully get them to pull the account back from the CA, do I first make sure that the CA deletes the TL prior to making a payment to the OC? Just so I can make sure it will not be reported as paid in full by the collection agency?
I understand they are not required to delete it but I've read from other threads that they could report it as paid and keep it on my reports. And I've read that many people successful in getting them to delete it.
So what should be my strategy to attain deletion?
First off, you would be extremely lucky to get the OC to pull it back. Secondly, they certainly are not going to remove the collection account before you pay the OC. If you can get the OC to accept payment (which they most likely will not, but definitely try) the collection account will be null and void because there is nothing to collect. If you pay the collections co, then they can mark it as a paid collection, but if you pay the OC then there is no longer a collection account, unless of course it is an in-house collections then that may be a different story. If you can get the OC to accept payment, don't start making demands for them to pull the account from collections prior to payment, it would never happen and would most likely kill any deal you can work out.
Way to be pessimistic! It's not extremely unlikely and I've read countless members being successful at it
I did say to definitely try, I apologize if it seemed like I was trying to shoot down your plan. I guess we all have our own perspectives on the information out there. I find that in most cases I read about, the OC will not pull back accounts from debt collectors. The OCs sell these accounts to the Debt Collectors and usually that means (not all the time, but usually) the the OC no longer owns the account and cannot collect on it. The debt buyers would not be very happy if the accounts that they buy are pulled away from them when payment is available. If that was the general occurance, debt collectors would not be able to remain in business because they would never make any money, if the OC pulls any profitable account back from them. And if that happened the OCs would lose money by losing a company that buys up their bad debts. I hope this clears up what I am saying.
As I said, do try, I am fully aware that it does happen on occasion, just not all the time. The one thing that will for the most part never happen is asking an OC to pull back an account from a collection agency on a promise to pay it. They sold it to the debt collection company because they believe that they cannot collect it, so a promise to pay it will not be enough.
I guess it also depends a lot on what kind of OC we are talking about. If it is a utility co or phone company then chances are better to pay the OC and get it pulled back. If we are talking about an OC like a big credit card company, most of the time once the debt is sold to a collection company, they will only direct you to the collection company as they are done with it. As gdale mentioned above, when you contact the OC, be ready to pay immediately. What I was trying to say earlier, is don't call up the OC making demands to remove the debt from the collection company before you pay it, because if the OC does accept the payment, the collection account is null and void. If you call up the OC making demands like you originally suggested you were going to do, you are going to come off wrong to them and that may kill the deal for getting them to accept your payment.
