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About direred

  • Birthday July 9

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    SF Bay, California
  1. I respectfully disagree. There is no "program". It's an arcane FDIC rule that may work 1 out of 100,000,000 times it's tried for the purpose suggested here. FYI, it has worked for me. Ok, great. Pizza if you can prove it works again! direred, this is just a follow-up and a reminder that there are free pizzas at stake if you can prove that this works for you on a new attempt. Lots of people are anxiously awaiting, and as I said in an earlier post, I very much want to be wrong on this. Can't eat pizza. My prior attempt was before the 2009 changes, though. Got a workout program I can live with on my largest account (wasn't charged off, was ratejacked but is no longer). That's the last of the big problems, but there's still a few stragglers I'm working on.
  2. Well, they did send me the offer in writing. Ahh, well, if it was a false or misleading statement in an attempt to collect a debt, I look forward to exercising California law. ::wrings hands with glee::
  3. I recently had several accounts chargeoff. One offered me a great settlement deal, which I took. Here's my longer thread about current issues. So, let's say I owed $X. They offered me a deal whereby I paid 25% of X and it'd be settled. The payment's cleared. They update my credit report to reflect the payment, but now it says: $0.75X past due. Which is not actually technically true given that they were the ones who offered the settlement. The updated report doesn't say it was settled. If they hadn't reported, that'd be one thing, but they have. I live in California, so many of the provisions of the FDCPA are incorporated into the RFDCPA even for OCs -- including the provision that they can't make false or misleading statements in an attempt to collect a debt. Plus there's the FCRA. I'm thinking I approach them about deletion of tradeline, but I'm not sure if I should dispute through the CRA first.
  4. direred

    Oh Hell

    Got a very strange letter from one of my OCs yesterday. They say they can't accept payment on the CO account because it's been charged off. Yeah, I boggled too.
  5. If you can still pay it through GE's online system, then they still own the debt. If you get it more current, then they'll pull it back from the CA. Don't ask me how I know this, just that I do, okay?
  6. IF it's a new CA AND you dispute with the CA (not sure about the CRA) within 30 days of their initial contact, then they are not allowed to attempt to collect until they provide validation.
  7. Is it reporting after you paid it off (or is it too soon for that)?
  8. direred

    Oh Hell

    So. My two PFDs are already off EX. Cap1 account mentioned above shows status on EX as Open. So there's that.
  9. direred

    Oh Hell

    Well, as of tomorrow, the payments will be current, so there's that. The goal is to remain current after that. Current, at the very least, means that it'll continue as a positive after the bad part ages off.
  10. If the account was in default when Chase bought it, then the FDCPA applies to them here.
  11. Don't burn an inquiry. If you don't have at least the past two years completely clean and a FICO (not FAKO) score of 650, I wouldn't bother with Amex Blue.
  12. direred

    Oh Hell

    BS. OCC rules they have to charge off after 180 days of non payment. have you read the Card Act of 2009 - ? they probably won't reopen the account - Crap ones' CSR's like to lie. get it in writing. I wasn't 180 days behind on that account. I had been making "stave off 180 days" payments for 2 months (and had been getting email notices). And yes, I actually do have it in writing. If it's useful, I could post a copy of the letter (with my info redacted, of course). I'd just never heard of this kind of program before and thought it was cool to mention. Updating also to say I've also done PFD paperwork for two tradelines. Haven't heard back on the two tradelines I contacted the exec offices about -- which concerns me. I'll man up and call them tomorrow.
  13. More accurately, they have to obtain the information from the original creditor. ( b ) If the consumer notifies the debt collector in writing within the thirty-day period described in subsection (a) that the debt, or any portion thereof, is disputed, or that the consumer requests the name and address of the original creditor, the debt collector shall cease collection of the debt, or any disputed portion thereof, until the debt collector obtains verification of the debt or any copy of a judgment, or the name and address of the original creditor, and a copy of such verification or judgment, or name and address of the original creditor, is mailed to the consumer by the debt collector.
  14. Well, then they haven't fully validated, have they? You don't know if it's false or misleading, but they should be able to document why they say you owe so much. If there's an additional 10K in fees and it's outside the SOL, there's no chance in hell I'd pay it.

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