good ol creditors calling

[Razorguns]

Agreed ... there's no positive outcum possible by dealing with a collector. When you send in a portion of the debt you re-age the debt starting the clock over again. When you acknowledge the debt you just provide ammunition for your opponent. It's their burden of proof to ensure the debut is legit.

Send a registered cease and desist letter stating that you will only deal with the original debt holder.

The laws from the FTC are very clear:

1) Send letter requesting proof you owe the money. Register, have to deliver within 30 days.

2) If they miss 30 days. Not valid. Keep a computer file on the dates and keep registered mail ticket.

3) If they reply and the proof is lousy, send another letter: saying proof is not valid, and to cease and desist ALL contact.

4) Even if the proof is correct - send a registered letter, demanding cease and desist all communication.

Never ansewr the phone. Never send a letter. If they bug your friends/workers - tell them you were a victim a of id theft and it's not your problem and to tell those collectors to gft.

Their only power is harassing you. And the majority who pay, are the ones who get scared or annoyed of being harassed. That's how they make 99% of their money. They have no legal powers whatsoever and not even financially worth it for them.

Remember: the money you owe has ALREADY been written off by the original company. Payment now means nothing except pure profit to some guy in a office above a donut shop.

r

 

[PICK3]

Never ansewr the phone

When I was young and got in cc trouble I'd answer the phone and tell them I only deal with the original creditor after I’d jerk them around and put them on hold for awhile (time is money for collectors … the more calls they can make the better chance they have of finding a fool to make a partial payment … and restart the clock).

After the 3 year point I would ask them when the date of the last activity on the "alleged" account. When they would say a date that surpassed 3 years I would thank them for confirming that the debt was antiquated.