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  1. centex

    I am being sued. Advice please

    Having no assets NOW does not mean one will NEVER have assets. Plenty of people have funds drop in their laps for any number of reasons, to include lottery, inheritance and/or settlements. Further, if one has a judgment and goes to sell property, they may find that the property was encumbered by the lien, which must then be paid off, INCLUDING the accumulated interest, so that title may be transferred. People need to look big-picture and NOT limit themselves to a narrow view that fails to go beyond the next few years...
  2. centex

    Capitol One Restriction

    What did they tell you when you called the number on the back of your card?
  3. centex

    I am being sued. Advice please

    The Plaintiff does not set deadlines. Your Rules of Civil Procedure in the jurisdiction where the case is pending set those deadlines. Given that you have been sued, you have two viable options...hire local counsel to represent your interests or very quickly come up to speed on legal practice. The Court won't give a damn about what you can or cannot afford. They are not there to facilitate payment arrangements. The judge and/or jury will be looking solely at whether the elements of the case brought forth by the Plaintiff have been satisfied and whether the Respondent has offered any manner of defense that negates the claim. If the finding is for the Plaintiff, then judgment renders, complete with the assessment of attorney fees, costs and post-judgment interest at a rate that likely will run between eight and twelve percent per annum. Counsel for Plaintiff is not going to entertain a ten dollar per month payment plan. They have precisely ZERO interest (as does their client) in seeing a payment arrangement that would take more than fifteen years to reach a conclusion. If you are seeing multiple cases filed, then you may need to pursue bankruptcy to discharge all of your outstanding and delinquent obligations.
  4. centex

    Help! Paid for car was repo’d

    Unless you have a unique State law, there is no requirement that you be home when a car is hooked up. Further, as long as they notified local law enforcement (which prevents wasting law enforcement time on theft claims that are not theft), then no other notice is required to have been left. The notice of the repo action will be two-fold: 1) when the consumer calls to report the car stolen and is informed of the repo and 2) when the lender sends out the notices associated with repo actions.
  5. Are you paying the weasels, err DMP administrators or are you making payments directly to the original creditor? And if it is to the weasels, are they actually sending a payment to the bank each month or do they do lump sum? Yes, it DOES make a difference. And again, to those late to the party...debt management plans are rarely in the best interest of the consumer. You are paying other people to screw your credit up even worse and they are going to do nothing you could not have accomplished on your own.
  6. centex

    Missed an Annual Fee payment(over 30 days)

    Create a spreadsheet that includes annual fees (there is ZERO use in a sock-drawered card that has a fee, so this would be a good one to cull). You MIGHT be able to get a goodwill adjustment, but the reality is that you (or any consumer) is responsible for keeping up with the account. Maybe you need to take the account off of online-only and insist on USPS statements. If you are going to keep online statements, then use the aforementioned spreadsheet and go through EVERY card on a monthly basis...this is ALSO a good way to catch fraud as quickly as possible, to say nothing of potentially useful BT arbitrage offers.
  7. centex

    Discovery charge off rate jumped to almost 4%

    Few people stay in the first home they got as an adult. And, sadly, the other element is that many in the 50+ category are in the range that was taught by the financial industry that the house was a piggy bank. Factor in the element of those who bought a home in the mid-90's and then later refinanced to get a lower rate and it would not be difficult to be 50+ with a mortgage that still had several years before being burned...
  8. checks calendar... yep, its a Friday. coincidentally, the same day of the week as the first thread was created in November. On the off chance this may be legit, I would recommend OP to spend time with their CPA and local counsel adept at dealing with the IRS. There is NOTHING any of us here can offer given what is at stake. The dollar amounts in question coupled with federal tax issues CAN spell a few years in prison (just ask Wesley).
  9. What did the issuer say when you wrote to them asking that they remove their reporting and delete you as an AU? What have they told the primary cardholder?
  10. centex

    NEW PREPAID CARD!!!! (Vegannection)

    Plus it means one fewer farting cow in the herd LOL!
  11. I'm not even sure a pulse was required for the NINJA loans...
  12. Much depends on whether they are doing ANY reporting. The law does not require them to update at any interval. The requirement is that reporting must be accurate. Thus, accurate reporting the account status at the time of the update satisfies the reporting requirement. It would be different if they are updating monthly and the balance was not consistent with what your statement is showing...although going through weasels, err DMP means you likely are not even getting a statement. Use this as your lesson to NEVER again do business with a DMP. They do more harm than good...
  13. centex

    This is a 1st for me.

    It is NOT uncommon for customer-facing phone jockeys to lack access to the same data executive personnel (or other components of a company) might have access to. That a phone call yielded no information from the OC is NOT an indicator that the company lacks the information...
  14. That probably explains the 2017 post in this thread about the fact it started reporting and was no longer a hidden gem...

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