Scam collection agency
Complaint
Tim
Country: United States
This company has called me more than once and insisted that I owed 2700 dollars on a credit card I have never had. I just looked them up and there are many complaints about this company and their tactics of collecting. They tried to get me to give them my social but I refused and insisted that they send me something in writing. I am not sure how they got my cell phone number. And the date they gave me is more than 7 year ago. Please beware of this company the number that comes up is 1-800-772-1413.
Comments
Will continue to ignore.
wants to work out or even pay with a rude person on the other end
Including a debt not a debt from over 10 years ago. No account in files for such.
All I asked was for account information, no way I was going to give credit card info soon I as I said that
Oh Mam So you don't plan on paying your debt?
Why do you not want to pay your debt?
You owe this money why do you not want to pay?
Lady, please put in your notes I am not paying a debt YOU show for over 10 years ago unless you
can mail me more information in reference to, never heard of company she mentioned.
I ran out of patience and just had to hang up. a year ago maybe but 10 years ago? makes no since.
I guess if they can get someone to pay whomevers debt they earn %
Still if Rude ........ Why would anyone want to pay a rude person Beware
researching Indiana and most other states are similar this is from http://www.in.gov/dfi/2537.htm
What is the statute of limitation on debts for Indiana? *sold for as little as penny?
Collection of Old Debts (from INDIANA GOV PAGE) http://www.in.gov/dfi/2537.htm
A new practice has arisen in the debt collection industry. Old, charged off debt is packaged and sold to
other financial entities for as little as a penny or less for a dollar of old debt.
These debts are old and often barred by the statute of limitations which limits the period of time during
which a lawsuit may be filed to collect the debt.
Thus, a time-barred debt is one which can no longer be collected by legal means due to the passage of
time, e.g. -- lawsuits, wage garnishment, liens on real estate, etc.
The statute of limitations does not extinguish the debt; it merely limits the judicial remedies available.
*INDIANA" The statute of limitations on debt in Indiana limits the time you can be sued for a debt.
Oral Contract: 6 years
Definition: An oral contract is an agreement that was made verbally. No contract was written or signed
when the agreement was made. Oral contracts are legally binding, YET they are harder to prove in court.
Written Contract: 10 years
Definition: An agreement made writing signed by both lender and borrower.
Signed by both parties are legally binding preferred better than oral contracts.
Promissory Note: 10 years
Definition: Promissory notes include the amount and due date of borrowed amount.
Interest if any must be specified, due dates schedule of payment, payment amount and results if buyer
defaults.
Open-Ended Accounts: 6 years
Definition: A Open ended account as example credit card,
the balance may vary month to month.
The FDCPA does not apply to creditors when they obtained the debt before default. However, the buyers of
old debt obtained the obligation after it had fallen into default; therefore, they are debt collectors covered by
the FDCPA.
Sometimes the collectors of old debt offer a new credit card if the consumer will transfer part or all of the
old debt to the credit card; other times they simply request payment.
These collectors of old debt often fail to inform the consumer that if he or she transfers part or all of the
balance of the old debt to the new credit card, acknowledges the old debt, or makes payment toward the
old debt, that debt is renewed and the owner of that debt may once again sue and use other legal
remedies to collect the debt.
" If one does make a payment on past due debt for however many years ago...
You are acknowledging this is your debt "
Make Sure It Is Your Debt before making any payments. Or you are most likely stuck.
Respectfully to all, a must post after all of time spent reading I had to share.
Thanks for your site, ps. therapy also......lol
Kim
extinguished voluntarily. If you talk or write to them just thank them for volunteering to extinguish for you. Every robocall is a violation of fdcpa. each violation carries a $1000.00 damage claim, cell phones also. You can sue them in Federal Court and receive damages, attorney's fees, court costs plus $1000.00 for each violation. I expect they will settle long before it gets to court. A good defense is a great offense.
If you have further problems, contact CFPB.
www.consumerfinance.gov