verizon charge off

Hi Ruth,

Well, a ‘charge-off’ in your credit report definitely affects the credit bad in an adverse way. Your credit score may receive a blow with the presence of such a term. I am afraid you have to write another debt validation follow-up letter to the collection agency asking them to prove your debt. If they cannot prove it within 30 days time then your debt stands canceled. You are no longer liable to pay the debt according to the Fair Debt Collection Practices Act (FDCPA).
If they still persist, then you can file a complaint to the FTC (Federal Trade Commission) and the State Attorney General.

Hi Ruth

Don't dispute the debt right now. Send them the debt validation follow-up letter as Justin has advised and attach with it a copy of the previous DV letter that you had sent them as proof. I hope you had requested for debt validation through registered post and asked for a return receipt? You must have the receipt also as proof to show that they did receive your DV request. When sending this follow up letter also do so through registered post. I know this may be a little expensive, but you should be safe and this will help you avoid future hassles.

Besides Ruth, go through the contents of the follow up letter as Justin has attached for you and revise the contents according to your needs. Also ask your husband to send a DV letter to the CA who is calling for the debt.

A charge-off does affect your credit score and not positively too. But I am afraid you will need to go through these processes before you can remove the charge-off and lift your score. Let me know if there is anything more.

Kara, I do not believe credit card statements from the original creditor is valid proof. They are suppose to present you with the original signed contract. Now if they did not provide validation in a timely period, say 30 days, you an dispute the debt with the credit bureaus. Make sure you have the proof to show you ask for validation and also let them know what they sent three months later was not proper validation.

Kara,

Relax, but be ready to keep dealing with them for quite a while, I had a similar situation, except it was Providian card that was supposedly sold to CACH, LLC. Now they were some aggressive jerks, even filed a lawsuit with my local courthouse, I kept insisting that the affadavit was heresay and that person better be ready for a supina, it has been over two years and they still have not gotten me into the court room.

I am going to file a 180 day rule dismissal here soon, going through some other junk right now.

Know the laws and know your local or state civil procedure, it could make or break you.

Once these jerks started the suing process with me I turned the tables on them and sent the debt validation letters via certified mail, return reciept requested for about 4 months straight, each time they would send me garbage that could not be used in court.

I have compiled all the information. I have not heard from them in a long time, knock on wood. I know it is still active in our court, I am going to look into civil procedure, I think that you have a time period that you must act or have a court date and I do believe that they have went way past that time frame.

I think they depend on people freaking out, they sure do not depend on people taking the opportunity to get educated and fight them on it that is for sure.

goodluck and keep us updated.

Kara, why don't you register so you help out, we all give advice by personal experience, I am sure that you will be able to help others who go through this same experience.

Ok goodnatured, I need your help again. I just received a letter of intent to file. What do I do now? Do I still write the credit bureaus or the ca? And if the Ca what letter do I use?

Thank youKara

Who is the letter from, give the company name and address please and I will look them up and see what I can find on them for you. Is this the same as above, same situation?

Good morning Goodnatured,

The letter is from Winn Law Group in Fullerton California. I do live in calif. And yes it is the same as above. Address is 110 E. Wilshire Ave Suite 212 Fullerton Ca 92832-1109. I was also going thru some old paperwork and have found that this chase acct that Winn Law is trying to collect on has been sold serval times. And the original acct was with Bank one. Not chase, Chase bought out Bank One. So I know I never signed a contract with chase.

Thank you Kara

Then you are in the same situation as I am, I had a card with providian, Cach, llc bought the account, they attempted to collect but could not provide me with the documentation. I just wanted debt validation and a concrete plan in writing so that when it was done it was done. Well long story short, they did not provide it, about a year later I got the court paperwork, I answered the summons and continually sent the law firm debt validations, certified mail, return reciept requested. It has been over two years, December will make 3 and still no hearing.

Just make sure that you follow through on your end, send the debt validations, answer the letters they send and follow up.

remember the minute you pay one dime starts the statute of limitations all over again.

What exactly is an intent to file suit letter? As you well know I am dealing with my own credit nightmare. I always thought if they could not produce the original contract then they could not pursue the debt in court and win. I am looking for an original contract because my debt in untraceable for me.
My situation is similiar to Kara's, It is supposedly an old Chase NA debt..who bought Providian and the apparently sold and transferred my account (probaly to a debt collector) but never changed the debt to list on the negative side. What a headache. scums anyway.