Please help me make sense of this

[doublebass73]

Hi all,

 

I recently sent a PFD offer to Trident Asset Management who is posting a negative on my CR to settle on a bad check that the ex-wife wrote on a joint account we had back in '06. I offered to settle for 50% and they sent me validation (copy of bad check) and this letter in return:

 

This is in response to your recent request for information. Please be advised that OPS 9, LLC has purchased your above referenced account. As of this date your account balance is $196.97.

 

Due to the special circumstances regarding your account, once paid we will send a delete transaction to all credit bureaus within 30 days so that this account can be removed from your credit history.

 

The letter is printed on company letterhead and signed by the manager. My questions are:

 

1. If this OPS 9, LLC that they mention in the letter now owns the debt why is Trident reporting the negative and not OPS 9?

2. Is this letter properly worded to get the negative deleted? I don't mind paying them the full amount but I don't want to pay them and end up with a paid/closed negative tradeline instead of a deletion.

 

Thanks

[beli]

Did you ever DV Trident? Who is the original OC on it?

 

As for it to be properly worded to get the deletion yes it is, but I'd make damn sure Trident has the right to collect on the debt before paying them a single penny.

 

Edited for clarity.

Edited August 14, 2010 by beli

[crazymonkeycat]

I just checked out their website to see if I could find any information on OPS 9, LLC as like a parent company or something and I didn't find mention of it anywhere. What I did find is their website is a hot mess. They still have website starter kit links up that lead nowhere. Anyway, I personally don't like that wording. I would for sure find out who OPS 9, LLC is before giving them a cent. That seems like very shady wording to me. The other part referring to the delete looks good to me.

[crazymonkeycat]

Also, this is the only result when I search for "OPS 9, LLC" (with the quotes): http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Collection-Question/m-p/642138 ://http://ficoforums.myfico.com/t5/Reb...ion/m-p/642138

It seems very similar to yours but there is no end result to reference.

[doublebass73]

Did you ever DV Trident? Who is the original OC on it?

 

As for it to be properly worded to get the deletion yes it is, but I'd make damn sure Trident has the right to collect on the debt before paying them a single penny.

 

Edited for clarity.

 

Yes, I DV'ed Trident, the OC is Staples. Ex-wife wrote a bad check to them on a joint account we had and Trident was able to produce a copy of the check.

 

crazymonkeycat,

Thanks for that link, it's eerily similar to my letter. I'm not sure what route to take now. They contradict themselves by saying they sold my debt but I can contact them?

[Guest picantel]

TRIDENT ASSET MANAGEMENT, L.L.C. Current Name

Limited Liability Company - Domestic - Information

 

Control No.: 07101473

Status: Active/Compliance

 

Entity Creation Date: 12/16/2007

 

Jurisdiction: GA

Principal Office Address: 5755 NorthPoint Pkwy

Suite 12

Alpharetta GA 30022

Last Annual Registration Filed Date: 2/12/2010

Last Annual Registration Filed: 2010

Registered Agent

 

Agent Name: Sett, Anurag

Office Address: 5755 Northpoint Parkway

Suite 12

Alpharetta GA 30022

Agent County: Fulton

 

 

 

OPS 9, L.L.C Current Name

Limited Liability Company - Domestic - Information

 

Control No.: 08059702

Status: Active/Noncompliance

 

Entity Creation Date: 7/30/2008

 

Jurisdiction: GA

Principal Office Address: 5755 Northpoint Parkway

Suite 12

Alpharetta GA 30022

Last Annual Registration Filed Date: 7/9/2009

Last Annual Registration Filed: 2009

Registered Agent

 

Agent Name: Sett, Anurag

Office Address: 5755 Northpoint Parkway

Suite 12

Alpharetta GA 30022

Agent County: Fulton

 

 

 

 

OPS 1, LLC 0615370

Limited Liability Company

 

Active/Compliance

2/14/2006

OPS 10, L.L.C. 08071799

Limited Liability Company

 

Active/Compliance

9/16/2008

OPS 2 LLC

Name Reservation

 

Expired Name Reservation

4/13/2006

OPS 2, LLC 0631043

Limited Liability Company

 

Active/Compliance

4/17/2006

OPS 3 L.L.C. 0668060

Limited Liability Company

 

Active/Compliance

8/3/2006

OPS 4, L.L.C. 0671382

Limited Liability Company

 

Active/Compliance

8/3/2006

OPS 5, L.L.C. 0671391

Limited Liability Company

 

Active/Compliance

8/3/2006

OPS 6, L.L.C. 07073038

Limited Liability Company

 

Active/Compliance

8/27/2007

OPS 7, L.L.C. 08032844

Limited Liability Company

 

Active/Compliance

4/23/2008

OPS 8, L.L.C.

Name Reservation

 

Expired Name Reservation

8/28/2007

OPS 8, LLC 08055421

Limited Liability Company

 

Active/Compliance

7/15/2008

OPS 9, L.L.C 08059702

Limited Liability Company

 

Active/Noncompliance

7/30/2008

Edited August 15, 2010 by picantel

[Guest picantel]

ORION PORTFOLIO SERVICES, LLC Current Name

Limited Liability Company - Domestic - Information

 

Control No.: 0439485

Status: Active/Noncompliance

 

Entity Creation Date: 6/24/2004

 

Jurisdiction: GA

Principal Office Address: 5755 Northpoint Parkway

Suite 12

Alpharetta GA 30022

Last Annual Registration Filed Date: 3/17/2009

Last Annual Registration Filed: 2009

Registered Agent

 

Agent Name: ANURAG SETT

Office Address: 5755 Northpoint Parkway

Suite 12

Alpharetta GA 30022

Agent County: Fulton

 

 

 

 

Anurag Sett

 

President & CEO, Orion Portfolio Services, L.L.C

Current

 

* President & CEO at Orion Portfolio Services, LLC

 

Past

 

* President at OSI Portfolio Services

[doublebass73]

Good info picantel. They both have the same address, hmmmm.....

[beli]

Before doing ANYTHING... complain to the ACA. Trident is a member of ACA. Give them a copy of the letter you received, and everything that has been posted here by picantel. Let them know that you are trying to honor your debt but are confused as it appears that Trident is still trying to collect on a debt that they do not have the right to collect on per their letter since they sold it to another collection agency who just HAPPENS to have the same address as Trident. I would love to hear them explain this to ACA.

 

What state are you in? Do you have a state consumer board? Do Ca's have to be licensed in your state to collect?

 

http://www.acainternational.org/default.aspx

Edited August 16, 2010 by beli

[Gronnie]

What exactly would the OP be complaining to the ACA about? Trident has most likely been assigned the debt to collect by the owner, no?

[doublebass73]

Before doing ANYTHING... complain to the ACA. Trident is a member of ACA. Give them a copy of the letter you received, and everything that has been posted here by picantel. Let them know that you are trying to honor your debt but are confused as it appears that Trident is still trying to collect on a debt that they do not have the right to collect on per their letter since they sold it to another collection agency who just HAPPENS to have the same address as Trident. I would love to hear them explain this to ACA.

 

What state are you in? Do you have a state consumer board? Do Ca's have to be licensed in your state to collect?

 

http://www.acainternational.org/default.aspx

 

I'm in New Hampshire, we have a state consumer board. CA's do not have to be licensed.

[beli]

Bumpin this as a huge thank you I was trying to figure out how Orion could delete Trident off my credit report.. now I know! But now they are reporting on Experian.. even after getting a letter from BMG stating that Orion is going to make every effort to remove my account from my credit reports, and getting a fax from me on Tuesday stating the account is not mine. They weren't reporting to Exp before, and I doubt it took two weeks for Exp to update the file. Usually it's Exp, then EQ and TU for me. Before today, it was only reporting to TU.

 

Time for the gloves to come off.

Edited June 4, 2011 by beli

[jobiggs]

Was there ever any progress made with this?