In debt 660 dollars to TCF Bank..in need of advice

[eric661983]

What is the name of your state?
Michigan


I recieved a letter from Merchants and Medical on May 9, 2005. They state that I owe $669.05 to TCF Bank. I recieved several calls from the "worker" assigned to my case. Of course as I spoke to her she stated what I owed and I told her I would be abel to send a payment to her last Friday and I was not able to send her money as I owed a house payment and a utility bill. I spoke with the credit lady again today from Merchants and Medical and she said that "I am done"...that my payment is due by 9pm tonight and that an attorney will be assigned to my case. What am I to do? Am I seriously screwed or can I still send the payments to Merchants and Medical even though she said "my time is up"....I want to avoid the attorney and court costs and that is pretty much my motivation to get this debt paid off. Please help me or give me the advice I need....

[eric661983]

in addition the letter states that i have 30 days to dispute the validity of this debt. well, i told her (willingly) that I know of this debt. However, even though I told her that I know of the debt, did that screw me out of 30 days to gather up the bucks and pay up...or what?

[cmorris]

Send the debt validation letter, certified mail return receipt. They should produce documents from the original creditor. You can also ask for an accounting of this alleged debt.

They are just trying to scare you. Even if an attorney is assigned to the case, they are just a debt collector. I wouldn't worry unless I was actually sued.

Until they provide validation, they have to stop all collection activity. If they don't, it is a violation of the Fair Debt Collection Practices Act. If/when they do provide it, try for a pay-for-delete or settlement.

You haven't lost your rights at all. Go to [URL=http://www.creditboards.com]creditboards.com[/URL].