QueenLeen

From what I read, you can dispute with the OC and they have 30 days to respond. If they don't they are in violation of FDCPA. The only difference is you can't sue them like you could a CA (only state or federal authorities can). The FDCPA does apply to OCs. I'm just wondering how to respond to the CA since I've already disputed this with the OC with no response.

First, this is a dental bill I'm disputing so I'm not sure if that falls under "medical" or not. I got a standard collection letter from the original creditor, the dental office, in 12/2010. The letter says you have 30 days to dispute...blah blah blah. I immediately sent a dispute letter. I received no satisfactory proof or validation. The only thing I continued to receive every so often were past due statements with "balance owed" amounts. Now, 8/2012 I received a letter from a Collection Agency. I'm not sure what I should do. Do I need to dispute with the CA?? Or should I send a letter saying that I already disputed this with the creditor and since they never provided validation they are now in violation of the FDCPA??

Currently going through a divorce. My husband used our old joint account which i no longer use and deposited some bad checks (from one of his other accounts). When the checks came back the account went negative. I don't want to pay the balance which is now close to $500 with all the various fees. I talked to the bank and they said there is nothing they can do until the account is brought positive. At that point they could remove some of the fees. If it is not brought positive is will be turned over to Chex after 30 days. What should I do??

As expected the CA validated and sent copies of past statements. I'm thinking of sending a PFD to C1 (higher $ than first) directly rather than to the CA since the CA said they do not report to the CRA. What do you think??? Please help.

I guess my best option is to DV.

Received 2 letters dated 5/1 from CA First says, The second says, I'm not sure what I should do now. I don't want to agree to their offer. Should I counter offer??? Help!

thank you, i'm learning alot from the boards!

I'm in nearly the exact same situation. I've decided to start my own thread on my results. I've started with sending them this letter. Of course I am willing to pay something.

I received a letter from Nudelman, Nudelman & Ziering regarding an old Capital One account. The original debt was around $500 which was the limit on the account. The total with fees and interest as indictated on the letter is now over $1300. It is now approaching the 2 years old mark and I'm in Pennsylvania. The letter: "We would like to resolve this matter on a voluntary basis. We are prepared to make every effort to sttle the case in a manner which is affordable to you and within the requirements set by our client. We need your help to achieve this goal. This si the best chance to dispose of the matter with the least cost to all. Please call our office now." After searching the board and reading about others experiences, I feel it is likely that Cap1 will sue. I decided to send a pay for deletion letter and see what happens. I offered only 36% as settlement which is close to the $500 originally owed.

thanks, one more question If we do the consolidation, does that now make me as the spouse also responsible for the debt since it will be a new loan that he entered into during the marriage??

If we want a lower payment and need to provide financials, do they consider my income too as the wife? If not, which I'm hoping is the case, then how do we show expenses? split them 50/50?

thanks Lynn, i was worried about that October deadline being that it is now Sept and I'm just now starting to thinking about rehab.

interesting, so if you want the default to get off your CR, it seems it is best to do a rehab?

They said something to my husband about the garnishment, but we haven't received anything yet. OSI did mention rehab to my husband and that is what I thought we were going to be getting info on in the mail. But when it came, it was the consolidation forms. At this point i'm thinking we need to do a rehab and consolidation. Do I need to request the rehab directly with Sallie Mae then since you said OSI may not send the paperwork? Should I start the rehab first before signing any of the consolidation forms? You mentioned that with DL after 30 years the remainder is charged off. I read on another thread that is is after 25 years. Where can I find more info on this???

I'll be using this thread to share my story and will continue to update it with things learned and progress made. I'll also be looking for help and suggestions, and yes I am and will continue to research through this site. This is actually my husband's loan. We were making payments before 2004. Sallie Mae balance in 2004 $53,000 We filed bankruptcy in early 2005. SL is currently in default. CA is OSI Education Services, Dublin, Ohio. Current balance is now $86,500 (with interest and collection costs). We just started working with the CA. CA has stated that wages and IRS tax return have been garnished but we have yet to see this. Is there any way to get some of these collections costs waived before we agree to pay anything? CA has sent us the paperwork for the William D Ford Federal Direct Loan Program. I have been reading the paperwork and thus ended up back here doing some research. As I understand things, this is a consolidation program. If I am reading correctly however, the loan must be rehabbed first? but the CA didn't send us anything about the rehab. Now if we agree to the rehab and complete it, can't we just continue then making payments without consolidating the loan? If I understand correctly, once the rehab is completed, the loan is sold to another lender. Could we then apply for income sensitive payments with the new lender? I'm not sure I understand the point of consolidating when we only have 1 loan to begin with. Right now I'm not sure what to do. That's it for now.....going back to doing some research. More I read on another thread: "They will allow you to consolidate defaulted loans, you just have to go on the income contingent payment plan, .... And, after 25 years, if you haven't paid off the loan, whatever is left is forgiven. You'd have to pay taxes on the forgiven amount." Is this true only if we consolidate????