Closed/Charged off Acct

What is the name of your state? Indiana

I was residing in Chattanooga, Tn in 1992 when I decided not to pay off my Amaco gas debt. I then moved to Memphis few years later, there I decided to call my past creditors and made payments on all my accounts. I was 98% sure I contacted Amaco Gas and repaid my debt. In 2000 got married and moved to Indiana until 4 wks ago rec a call from a collection agency named NCO or MCO based in Philadelphia collecting a debt for $100. Advised the rep this Amaco acct was closed 12 yrs old. The rep aplogz said will note that info and hung up. Last week decided to call toll free # to make sure acct is close I then rec. another company name on the same #866 tried to get company's name from rep just gave NCO Financial Services based in Philadelphia. While I was spkng to the rep she then advised me my balance was nolonger $100 it now went up to $586 as we were speaking. She coulnt give me any more info except for my SS# and the last transaction made in 1992. She also coulnt give any info on the last transctn whther it was a paymnt or what have you. TN statue of limit is 7 yrs same w/Indiana. The supposedly delinguent acct was never on my credit report. How should I take care of this issue?

[cmorris]

Sent them a cease and desist letter, CMRRR, telling them to only contact you through writing. Tell them to validate the debt, as required by the FDCPA. A computer printout is usually NOT proper validation. If they do not validate, they cannot continue with collection activities. Also mention this is a OOS debt.

And get your CR to make sure it is not on there.

[JETX]

Originally Posted by cmorris

Sent them a cease and desist letter, CMRRR, telling them to only contact you through writing. Tell them to validate the debt, as required by the FDCPA. A computer printout is usually NOT proper validation. If they do not validate, they cannot continue with collection activities. Also mention this is a OOS debt.

And get your CR to make sure it is not on there.

Any bets that you will now be asked to explain your 'anagram' filled post??

[Ladynred]

First of all , the TN SOL is only SIX years, NOT 7.
If you're sure the last time you paid anything on this thing was 12 years ago, send them a Cease and Desist letter telling them never to contact you about the debt again as it is TIME-BARRED ! You don't have to pay them a dime and you do NOT have to put up with the pea-brained, screaming harpies at NCO (I've dealt with them, I know what they're like !). I'm surprised you got away without being screamed at - those witches just LOVE to scream into the phone.

Indiana

Can anyone explain what is a cease and desist letter, and what is CMRRR stands for?

[JETX]

Originally Posted by mariatomic

Indiana

Can anyone explain what is a cease and desist letter, and what is CMRRR stands for?

You can find a sample 'cease and desist' letter at:
[url]http://www.creditinfocenter.com/forms/sampleletter7.shtml[/url]

CMRRR stands for Certified Mail, Return Receipt Requested.

[Ladynred]

"Cease and Desist" - essentially it means stop harrassing me and go away. Cease = To put an end to; discontinue
Desist = Stop - in this case, stop all collection activities