any of you been to court over debt?

[PhonZhi]

what to expect? anything i should know? got a summons sent to me for an old card i had.

damn. i was gonna make this thread. a deputy came to my apt last week and served me with papers for small-claims court. i owe Capitol One 2800. im gonna call and see if theyll take 1,000 pronto to make this go away Debt Settlement Advice | Settling Your Debts

 

[TRUEST]

hope you've learned never to take out any loans again in ur life unless its necessary. college loans are not a necessity!

 

[Jesus Shuttlesworth]

Damn breh. I coulda got that shyt off your CR in 30 days.

 

[Poppa_Dock]

hope you've learned never to take out any loans again in ur life unless its necessary. college loans are not a necessity!

unless you can't go to school without them

 

[beenz]

Their heartless too, I called em up and told em I got evicted cuz I couldnt pay my rent and I was living outta my car now and they told me to sell my car to pay off the debt faster...i wasnt homeless but I thought maybe if I told em that theyd fall back

man its fukked up. when they want their bread, they want it ASAP, but when its time for ur tax refund, they got u waitin for forever it seems.

 

[JoelB]

Damn breh. I coulda got that shyt off your CR in 30 days.

You send out custom letters?

 

[Jesus Shuttlesworth]

For the future, my brehs, know that once that debt goes to collections YOU DON'T HAVE TO PAY!

That debt has been written off and then sold for pennies on the dollar. You can even buy debt yourself. Anyone can.

Then they try to use scare tactics to get you to pay.

All you have to do is send a certified letter to the debt collector requesting VERIFICATION of the debt, something that bares your SIGNATURE. They will never have this documentation and thus the debt is invalid. They have 30 days to respond or remove the item from your CR.

If you ask them to stop calling your home, celly, or job and they do then you can sue them for $1000 and still get the debt removed cleanly.

We don't negotiate with debt collectors, brehs.

 

[Jesus Shuttlesworth]

You send out custom letters?

The letter is simple. See my post above. All the letter has to say is you want proof that you owe the debt in the form of a promissory note. That's your agreement to pay the debt. But you never agreed to pay a debt collector anything. You have no contract with them.

If the debt has been bought more than once and passed through more than one agency, you are guaranteed to have it removed if you ask them for verification. If they don't comply you can sue them.

 

[L&HH]

Threw my student master card debt in the bushes after university. They tried but couldn't find me... there is a 6 year limitation before it wipes off your credit. I don't have it on my history no more. I never acknowledged the debt and didn't pay once after I stopped... did the same to my old phone company. I had bad credit for a while but was also living off cash @ the time.

how you manage this?

 

[JoelB]

The letter is simple. See my post above. All the letter has to say is you want proof that you owe the debt in the form of a promissory note. That's your agreement to pay the debt. But you never agreed to pay a debt collector anything. You have no contract with them.

If the debt has been bought more than once and passed through more than one agency, you are guaranteed to have it removed if you ask them for verification. If they don't comply you can sue them.

Good stuff, I used to send out letters to the bureau's and got a good bit of my derogatory items removed but I still got a couple of stubborn ones on my Transunion that need to go I think I may go this route.

Have you encountered any debt collectors that forced you to take legal action for noncompliance?

how you manage this?

It's automatic... Derogatory items will fall off your credit reports after a certain amount of years.

 

[L&HH]

For the future, my brehs, know that once that debt goes to collections YOU DON'T HAVE TO PAY!

That debt has been written off and then sold for pennies on the dollar. You can even buy debt yourself. Anyone can.

Then they try to use scare tactics to get you to pay.

All you have to do is send a certified letter to the debt collector requesting VERIFICATION of the debt, something that bares your SIGNATURE. They will never have this documentation and thus the debt is invalid. They have 30 days to respond or remove the item from your CR.

If you ask them to stop calling your home, celly, or job and they do then you can sue them for $1000 and still get the debt removed cleanly.

We don't negotiate with debt collectors, brehs.

Thnx for the heads up

 

[Red Omega]

For the future, my brehs, know that once that debt goes to collections YOU DON'T HAVE TO PAY!

That debt has been written off and then sold for pennies on the dollar. You can even buy debt yourself. Anyone can.

Then they try to use scare tactics to get you to pay.

All you have to do is send a certified letter to the debt collector requesting VERIFICATION of the debt, something that bares your SIGNATURE. They will never have this documentation and thus the debt is invalid. They have 30 days to respond or remove the item from your CR.

If you ask them to stop calling your home, celly, or job and they do then you can sue them for $1000 and still get the debt removed cleanly.

We don't negotiate with debt collectors, brehs.

well this is the second different collection agency with this specific account. I never heard of these people and have never talked to them.

Should I still send the letter out? Just got the summons today in the mail.

 

[YBE]

For the future, my brehs, know that once that debt goes to collections YOU DON'T HAVE TO PAY!

That debt has been written off and then sold for pennies on the dollar. You can even buy debt yourself. Anyone can.

Then they try to use scare tactics to get you to pay.

All you have to do is send a certified letter to the debt collector requesting VERIFICATION of the debt, something that bares your SIGNATURE. They will never have this documentation and thus the debt is invalid. They have 30 days to respond or remove the item from your CR.

If you ask them to stop calling your home, celly, or job and they do then you can sue them for $1000 and still get the debt removed cleanly.

We don't negotiate with debt collectors, brehs.

The letter is simple. See my post above. All the letter has to say is you want proof that you owe the debt in the form of a promissory note. That's your agreement to pay the debt. But you never agreed to pay a debt collector anything. You have no contract with them.

If the debt has been bought more than once and passed through more than one agency, you are guaranteed to have it removed if you ask them for verification. If they don't comply you can sue them.

 

[L&HH]

Good stuff, I used to send out letters to the bureau's and got a good bit of my derogatory items removed but I still got a couple of stubborn ones on my Transunion that need to go I think I may go this route.

Have you encountered any debt collectors that forced you to take legal action for noncompliance?




It's automatic... Derogatory items will fall off your credit reports after a certain amount of years.

Yea I know about the part that its removed but how did he "hide" for 6 years till the statutes of limitations were up. Like did he do what other dude did and change the ss on his work or have the wrong info on the initial loan, etc?

 

[El_Mero_Mero]

For the future, my brehs, know that once that debt goes to collections YOU DON'T HAVE TO PAY!

That debt has been written off and then sold for pennies on the dollar. You can even buy debt yourself. Anyone can.

Then they try to use scare tactics to get you to pay.

All you have to do is send a certified letter to the debt collector requesting VERIFICATION of the debt, something that bares your SIGNATURE. They will never have this documentation and thus the debt is invalid. They have 30 days to respond or remove the item from your CR.

If you ask them to stop calling your home, celly, or job and they do then you can sue them for $1000 and still get the debt removed cleanly.

We don't negotiate with debt collectors, brehs.

So, I send the letter to Sallie Mae or to the Collection Agency they claim to have sold it to?