Case
One sunny morning, Mr. Prob was going out to buy snacks and beverage for a weekend party. Suddenly the phone rang and a irritating voice started yelling at him for not paying his loan back. Mr. Prob was shocked. He has been following a good credit habit and did not fall behind with any payment! He tries to convince the collector that he does not have any unpaid balance. The collector threatened of a lawsuit and hung up. Then he received 10 voice mails from the same collector on the same day asking for a person who he does not know.
Diagnosis
Collectors sometimes make wrong phone calls. But in this case someone else's credit card account was placed in Mr. Prob's credit report which made the collector to call him. The matter came to his attention when he ordered a copy of his credit report and discovered the wrong information posted there as a negative mark. It definitely lowered his score.
Possible Remedy
- Contact the creditor immediately and verify.
- Ask the collection agency to remove the wrong entry.
- Dispute the entry with credit bureaus and ask them to remove it.
Outcome
Mr. Prob called the creditor and found them to be very helpful. The representative on the other end confirmed the account not to be owned by Mr. Prob.
Then, Mr. Prob sent out a dispute letter to the credit bureaus. He attached a copy of his credit report with it and pointed out the error on it. He also added a summary of the conversation that he had with the original creditor.
He got a positive response from the credit bureau and the collection item was removed from his file. BTW, he did send out a cease and desist letter to the collection agency that called him as well to settle the case.
Hi kisha
First of all pull out your credit report to check whether Palisade collection is there against any debt listing. If you find such a listing, send them a debt validation letter by certified mail to be sure whether you actually owe any debt to them. If they can properly validate your debt, them you should take steps to repay it off, else you need not repay off the debt. However, if you do not find their name listed in your credit report, and they have not send you any letter claiming the debt, you need not even ask for debt validation.
If it is not in your credit report, and they have not send you anything in writing claiming the outstanding debt, you need not worry about their call. But if they call you and send you a debt validation notice by mail, you should immediately ask for debt validation within 30 days of receipt of the debt validation notice. Now, a proper debt validation would include a copy of the original signed credit card application and the proof that the creditor has sold off the debt to Palisades collection.
If they are calling, the may have already pulled your credit report themselves, and are typically trying to determine the likelihood of getting you to pay... And YES, they can do that... Collection is a permissable purpose. If you don't respond, they'll likely report to the bureaus..
Yes, the creditors usually reports an outstanding debt to the credit bureaus if six months have already expired from the date of your last payment towards the debt. Now the original creditor can even charge off a debt or sell the debt to a collection agency if it considers the debt as a bad debt. If it charges off a debt or sells it to a collection agency, then it will stay in the credit report as a negative listing for 7 years. So it is always good if you try and pay off the debt before the creditor considers the debt as a bad debt.
WRONG NUMBER COLLECTION CALLS
wHAT CAN i DO ABOUT pALISADES COLLECTION AGENCY FOR SOMEONE ELSE'S DEBT? i THINK THE PERSON IN DEBT GAVE A WRONG NUMBER TO THE AGENCY AND i AM BEING BUGGED ABOUT SOMEONE ELSES DEBT. i NEED AND ANSWER QUICK! tHANK YOU
Ask them to stop calling you.
Then request it in writing within 5 days.
Then record anything they say to you (be sure to tell them you are).
THEN SUE THEM IF THEY DON'T STOP!!!
Hello Guest, Fisrt of all lewt me say I really feel for you. This is what I have been experiencing since moving to a new and getting an old number of someone who was in debt up to their ears. You can ask them to quit calling but chances are they will quit for a while and then begin again. I can not tell you how many collectors call here. Most will remove my number but after they can not collect they will sell it to the next debt collector and on those forms will be your name and number listed as last known number. You can expect it to all begin again. It is a never ending process..you just have to keep repepating to the next collector that the debt is not yours but the telephone number is. It has been almost a year of this for me. It has been a while since a collector has called but that don't mean they won't.
Hi Hope
If Palisades Collection calls you up again ask them to demand the money in writing. If they claim anything in writing, just send them a debt validation letter by certified mail. If they validate the debt and you agree with the validation, then try to pay it off, But if they cannot validate the debt by 30 days of receipt of the letter, and still harass you over phone, then just send them a cease and desist letter which will stop them from harassing you.
Debt from 1998
Just got an unwelcome call from Palisades today for an old debt of $24,000 thru Citibank. Credit card paperwork was originally signed in Maryland but I now live in Michigan. I haven't heard from any creditors in years, but now Palisades has found me at work. It was a bad time back then when I racked up much debt. CItibank is only one of many, but the only one I'm hearing from at the moment. I cannot pay...any chance the SOL has run out? What's my best recourse...Ignore them or request that they validate the debt?
Thank you for any advice you can share.
definately request debt validation from them.
here is marylands information
quote
Maryland Statutes of Limitation
Civil action: 3 years from the date it accrues, unless:
Breach of contract under any sale of goods and services under the UCC: 4 years after the cause of action, even if the aggrieved party is unaware of the breach.
Promissory notes or instruments under seal, bonds, judgments, recognizance, contracts under seal, or other specialties: 12 years.
Financing statement: 12 years, unless a continuation statement is filed by a secured party six (6) months prior to end of twelve (12) year period. (Maryland, Commercial Law article Sec. 2-725; Courts & Judicial Proceedings Article Sec. 5-101-02, 9-403).
NOTE: The 3 year statute of limitations begins again if creditors can document that a debtor has reaffirmed a debt by a good faith basis by a written agreement, orally, or by payment.
Hi Deb's old Debt
The Statute of Limitation for Maryland is 3 years for open ended accounts and since credit card falls under open ended accounts, the SOL for the debt is 3 years. However, the SOL starts from the date of your last payment towards the debt. So if the last payment towards the debt has already been 3 years then it has expired and if it has expired you should not make any payment towards the debt as if you make even a single payment, the SOL will rewind and you will be liable to pay the entire debt.
Two minor corrections...
1) The SOL starts with the first DELINQUENCY, and NOT with the last payment. Not a big difference, but collectors often wait until the last month or two to file suit on old debts, so it's imprtant that you knw.
2) No payment to a third party LEGALLY effects the SOL, because it doesn't change the SOL. Nothing changes it, not even a payment to the original creditor, the account status is not changed from "charged-off" to "open".
Yes, last delinquency is the date on which you were to make a payment towards the debt and you have not done so. The difference is generally 30 days. If the creditor files a suit within this SOL period, then you may be required to pay the debt if the creditor can provide you with proper debt validation in the court. However, even if the SOL has not expired, and the creditor cannot provide you with proper validation of the debt, then the creditor cannot bring judgment against you.
Palesades
I have been trying to find a phone number on this company for two years. Nothing is listed and it seems they have just fallen off the face of the earth. Does anyone have a phone number for this company?
Oh I doubt they have fallen off the earth..We could not be that lucky. LOL. They are one of the worst collection agencies around. I have dealt with them myself a long time ago. Just look at Debs debt...1998 was over 10 years ago and the SOL has well expired if she has not made any payments. Anyway here is the info you need: Address:
200 South Executive Drive - 3rd Floor
Brookfield Wisconsin 53005
U.S.A.
Phone Number: 866-877-0008
Also check out Docs website..he has some info there.
Thanks
I have a debt that I actually owe to Palisades. Thank you kindly, diem for the excellent suggestion.
Powersafe Collection LLC Palisades Collection LLC scum
I'm writing about (Powersafe Collections AKA Palisades Collection LLC).
My debt was with Chase bank in 1999, it was paid off through another credit collection agency called PDI (I have the documents to prove it).
I became part of a class action suit against Palisades [07-1398, Bettye Barker and others -vs- Palisades Collection L.L.C]. It is not even legal for them to TRY and contact me during this time.
I have reported them to the Federal Trade Commision with the above information [ftccomplaintassistant_gov] and suggest everyone does the same using their experience. It is very easy and quick .
What Palisades aka Powersafe aka Wolpoff and Anderson, is doing is buying old, delinquent, non-collectible or already paid off debt for pennies on the dollar and then trying to collect using harrassment and intimidation It is illegal.
Most of this debt has already been paid off to another collection agency who did not clear the account so they could re-sell the debt. [Hence the lawsuit] Note: in most states the statute of limitations on a debt for collection is 4 to 6 years. These scum thumb their pig noses at that law.
DO NOT SPEAK WITH ANYONE FROM THIS COMPANY. Wait for a mailed corrospondence, or issue them a Cease and Desist using the address on your credit report if they have dinged it. Also ccL the FTC and send the letter Return Receipt Requested. Never give out any information, legally it is up to THEM to prove your guilt not for YOU to prove your innocence.
Sidenote:
I have found a way of blocking their number using "Selective Caller Rejection", you might do an internet search on that and adding your mobile or telco to see if you have that feature available to you. Usually it is *60 (wait for tone) and then 866-230-8075.
palisades collection agency
Hi,
on my credit report palisades collection agency has negative record with judgement from civil court on aug 2007, as i did not receive letter from them as i was moving places. In march 2008 i called Wolpoff & Abramson somehow i got their phone number from one my banks in sept 2006, and when i called them they said i owe them around 9000 with interests etc for 8000 change.
But when i was searching on net, i found both palisades and abramsom work together(or something like that)
and they froze my citibank account and with drew all the amount in sept 2007 after judgement i suppose and i recieved letter from citibacnk stating they siezed account and debt amoutt has been doubled , any moneyput in this acocount will be taken by them.
so please suggest how can get this resolved very fast. is it better hire an attrorney, if so can you suggest good one.
or if have to do on my own how can i proceed .
Thanks
anyhelp will be greatly appreciated
Kris
i would like to k
and they had froze my citibanck account and withdrew all the money in the account.
Credit Report
I have a collection account on my credit from Palisades. It will be 7 years old in September and I have been waiting until it drops off, but we need to get a mortgage now and the bank is requesting that all of my collections be paid off -- Any ideas how to get a reduced payoff and get it cleared from my credit once it is paid?
You can get it cleared from the credit report only if you can make the creditor agree to pay for deletion agreement before you pay off the debt and get the agreement in writing. However, if the OC listing is there in your report along with the CA listing, only the CA listing will go out off your report and not the OC listing, which will stay there for 7 years and six months from the date of your last missed payment towards the debt.
Number for Collections
800-873-5648. I have been fighting with these morons for years because I have paid off the debt they say I owe to the original creditor however they say they never recived the verification the 5 times i faxed it or the 3 times I sent it through snail mail. HMMMMM makes me wonder.
debt collectors
is it legal for debt collectors to sell to other debt collectors? I have so many old bills on my cr but they keep updating them? when will this end??
pallisades
i received a notice with a threat to garnish from morgan and pottinger's law firm for a debt i owed to pallisades. it says i can avoid garnishment by sending in payments. however, i do not recall this debt nor do i recall a receiving any correspondence that i owed it or the court date...
what legal options do i have in fighting this threat...
thanks for any help
in ohio
You should pull out your credit report and find out whether there is any judgment listed there or not. If you do not find any judgment in your report, you can simply send a debt validation letter to the law firm that is calling you on behalf of Palisades. If they cannot validate your debt, you need not worry about the debt, but if they validate it, come to a repayment plan and pay it off to avoid any judgment which they may bring at a later date. But if they harass you continuously without validating the debt, you can file a complaint against them to the FTC.
What to I owe and how can I paid it.
I don't know what I owe because ATT Wireless told me in 2004 that I did not owe anything on my cell phone bill. I turn in off prior to me going to Germany. So can I just paid this bill and get it off my credit report.
Is it legal for debt collectors to sell to other debt collectors?
Yes, most collection agencies who have purchased the debt from original creditors, sells off the debt to other junk debt buyers if they somehow fail to collect the debt and it is legal. They cannot collect the debt mostly because they are not able to provide proper debt validation.
When will this end?
This process of reporting the debt to the bureaus will continue for seven years and six months from the date you have made the last missed payment towards the debt.
debt collectors
I have been living at California for 10 years. I have 2 collections are all happened in 2003. I want to buy a house this year, but bank said I had to pay off all the debt which did not belong to me in order to be elgible for applying the loan. How can I do now?
Hi Paschal
If you are sure that the debts do not belong to you, I think that you should dispute the debt directly with the bureaus and get it removed from your credit report. Now, if two of your debts are in collection since 2003, it means that over 5 years have passed since you have made the last payment towards the debt and so you should check whether the SOL for the debt has expired or not. You can find sample dispute letters if you visit the link letters of credit.
palisades and at&t
We had a so called debt to AT&T that we knew nothing about. We rec'd a debt collection notice from a company, we sent off copy of paid bill (through credit card....lots of paper trail). The collection ended up with Palisades. When once again trying to clear up the dispute, showing proof of payment etc., the response we rec'd from the owner/operator was that "someday you will need credit and you will pay me." This company works on bully tactics to receive payment that is not necessarily owed. This company could care less about truth and helping honest people keep good credit reports. The sad part is he was right. Without double paying the bill we would not have rec'd our home mortgage due to the stiff laws set in effect by the current crisis in banking (might I add due to irresponsible people). We were forced to look at the situation as a cost of doing business and had the bank put instructions in the loan to pay Palisades through escrow because having worked real estate, the only way to prove this was ONCE again taken care of was through escrow, the legal agency. After all of this, it is still on our credit report. CA law says it can stay on for seven years!
Hi mrs. Shearer,
What I understand from your post is that you have paid twice for a single debt. If a collection agency (CA) is bullying you, under the Fair Debt Collection Practice Act, you have every right to dispute. Before paying any money to the CA it is necessary to demand a written agreement that the debt will be removed from your credit report.
Now that you have already paid the debt and it still remains as a negative remark you can send a dispute letter to the credit bureau and get them corrected. Please visit this link to find a sample of dispute letter: http://www.creditmagic.org/repair/dispute-letter.html
Paid Debt
i paid the Marshall for Palisades Collection bc i didn't want my employer to get fined for not garnishing the debt. i called Palisades for proof of the AT&T contract i never opened at the time but they never supplied me with one. how can i have this reversed? PLEASE ADVISE. any help will be greatly appreciated!
Hi MMM,
Did you ask for a debt validation before paying off the debt? Were Pallisades Collection able to produce other documents, apart from the contract with AT&T. If they have provided you with your past payment history with AT&T or any other paper to show that they have purchased the debt, then your debt is valid.
In case you have not asked for debt validation, the collection agency(CA) is not required to provide you with any documents. You should always verify before making any payment, whether the CA is legally authorized to collect your debt. As far as I know once the payment is made, there is no way you can reverse it.
Palisades reported an AT&T collection for $61 in July 2008 for an account that was suppose to be delinquent since 03/2002. Should there not be some kind of limitations it will appear on my credit report? If I challenge it does the time limit start over?
Thanks.
old bill
There is a bill for AT&T on my credit report from 2001. The bill is not mine, nor has it been in my name. It was an account of a family member, who is has been deceased since 2005. Have tried to contact Palisades to explain this, but they seem to think this is my bill. They have now put it, without our permission, in my husbands name. They are using bully tactics to get us to give in a pay the bill. What does it take for them to stop harrassing me, and get this bill off my credit report?
What does it take for them to stop harrassing me, and get this bill off my credit report?
Straightaway go for a "Cease and Desist" letter. Type the letter properly and clearly state that you do not want them to call you anymore.
Dispute this debt with the credit bureaus through a certified mail and ask for return receipt. If it still doesn't get removed, ask for validation. Remember to do all of these in certified mail and don't forget the return receipt.
Palisades
I had a similar problem with Palisades and a supposedly unpaid debt with Verizon. This bill was dated for July, 2001. I did all that I was supposed to do, as I wasn't even the person who ran up the charges. This person had a similar name, but lived in Ohio, while I have lived in Texas for over 30 years. I checked all 3 credit agencies, and they had this other name listed with my reports. I took care of getting all of that deleted. This must have happened 3-4 years ago.
Now today, I got the very same dunning letter from Palisades/Verizon!
Unfortunately I don't think I saved anything from the first encounter, but I am looking.
Meanwhile, how can this happen all over again????
contact info
Here you go, if you're tired of being screwed around by these idiots then I have some good contact info for you. Palisades collections is owned by Asta funding, the CEO is Arthur Stern and the other owner is Gary Stern. They can be reached directly at 201-567-5648 extention 222 for Art and 225 for Gary. Just call these guys and see how things get done.
geting help in reparing credit
hi,
i'm not sure if this the right credit place,but a friend is going to one in bethlem, and she put down 99.00 and pays44.0 a month an d credit is aleady repaired,is this that company
Palisades
They have been hounding me over a debt from Verizon that belonged to my dead son, it was an account opened up without my knowledge in my name, what I would like to know is can they freeze my checking account without my knowledge or do they have to take me to court first??
Palisades
I just recieved a notice from Palisades and found this site while reserching on the net. The letter was addressed with my maiden name. (I've been married for 13 years).
I have not a clue what the debt is about or even if it is mine. My question is should I send it back with 'no one at this address' on the envelope. Or, send a DV letter?
I think you shoudl send a letter asking for debt validation
You do not want to somehign really small hurt your credit report
If you are sure that this is nothign to do with you, just ask for validation and dispute it after gettign the letter
Collecting assumed debt after 6 years?
Is it probable that Palisades can collect a debt after 6 years with no contact during that time? I only found out about this after my bank alerted me to the note on my credit report. Palisades has never contacted me about collecting - which seems odd. This debt was paid by a third party which is why it may never have registered as paid under my name. I have sent a letter based on the samples in this forum - almost 30 days and no contact at all. What gives?
palisades collection, llc
PALISADES HAVE MANY FACES. HARD TO CATCH THESE CRIMINALS. I AM GOING THROUGH THIS AS WE SPEAK. THEY VALIDATED NOTHING. WENT TO COURT AND THEY DID NOT HAVE A FILE FOR ME TO REVIEW. CALL THEM AND YOU WILL NEVER SPEAK TO THE ATTORNEY WHO IS THEM IN THE 1ST PLACE. SAME ADDRESS OR P.O. BOX TO THE LAWYER...NOT A COINCIDENCE. SHOWED UP IN COURT WITH SM1 ELSE WHO ANSWERED THE JUDGE AS BEING PRESENT YET, THEY DID NOT SHOW FOR ME....
HERE I AM HAVING TO PROVE ITS NOT MY ACCOUNT, YET THEY ARE SUING ME. AND NOT TO MENTION ITS ON ALL MY CREDIT REPORTS.
THEY WRONGLY FROZE MY UNEMPLOYMENT ACCOUNT IN NYS.
YES I AM LIVID.
YET I WILL APPEAR IN COURT AGAIN SOON FOR THIS...
I TELL YOU TO GET A PRO BONO ATTORNEY OR FIND ONE WITH FREE CONSULTATION TO GET THE BEST ADVICE
POISONESS PALISADES
CERTAINLY GUYS AND GALS...THEY ARE KNOWN FOR NOT SENING YOU ANYTHING YOU REQUEST. THOUGH, THE DAMN ASSISTANT ASKED ME WHO DO I BANK WITH....WHAT THE HELL? WELL IF YOU HAVE MY VITAL SS#, YOU SHOULD KNOW. MY BOYFRIEND IS A US FED AGENT AND IS SOOOOOO UPSET ALSO. I HAVE USED MY MOM ADDRESS FOR OVER 7 YRS DEALING WITH ANY W2 FORMS AND BILL SO Y WOULD THEY HAVE AN OLD ADDRESS OF MINE.
THIS I WAS TOLD IS NOT LEGAL AT ALL. THEY BEEN SUED B4 AND DO NOT CARE. THEY MAKE MILLIONS COMPARED TP POOR, MID CLASS, AND ELDERLY. GOOGLE UP THE FDCPA ACT TP KNOW UR RIGHTS.
My credit was checked when i tried to get approved for a car loan and when they pulled up my credit i found palisades collection on my report for a 1900 dollar phone bill, the crazy thing is that it happend when i was like 13 years old it was my dad he used my social number and his birth date. what should be the first step i take?
paid debt
I need proof of payment. I've been waiting on a fax for two days. I need this proof ASAP.
JUDGEMENT
I HAVE DISCOVERED A JUDGEMENT ON MY REPORT FROM PALISADES WHO ARE NOT THE ORIGANAL DEBTORS HOW DO I DISPUTE THIS MATTER