Pay to delete - Leverage - it worked for me. :-)

[ProducerMark]

What is the name of your state? WA

Hello all. Here is a note I pulled from another Credit Repair Blog:
FYI
---------------

RE: 8 steps for Pay for Delete to work. It has for me.

I call it Pay to Delete Leverage.

When paying to delete a collection account from the CRA's, I have tried this with success:

I follow these 8 steps every time:

1. I send the letter Certified Return Receipt directly to the CA supervisor.

2. I put the statement _ ATTENTION (supervisors name)- on envelope. _ it has to be large as to not be accidentally missed.

3. On a 8x11 sheet of paper (inside the envelope, of course)_. In large print it states,

ATTENTION (SUPERVISORS NAME):

CONSUMERS DIRECTION REGARDING PAYMENT TO ACCOUNT NUMBER XXX_XXX_XXX.

DO NOT CASH THIS FULL PAYMENT CHECK UNLESS THE FOLLOWING CONDITIONS ARE ACCEPTED IN FULL.

By cashing this check ( check number XXX) the (CA) and (OC) agree to the following terms in good faith:

A- Any and all inquiries, trade lines, or entries made by (CA) and/or (OC) regarding above referenced accounts will be deleted from my Experian, Equifax and TransUnion credit reports within 10 (ten) business days.

and

B- The accounts referenced above will NOT be re-verified, re-updated or otherwise re-reported to any of the above stated credit reporting agencies unless to delete.

If these terms are agreeable to CA and OC, please accept the enclosed full payment check in the amount of $xxxxx.00

Please note that cashing the enclosed check binds you to the full terms set forth in this letter (these terms are also printed on the back of the check).

Furthermore, all parties must agree by initialing before striking through can be made valid.

If these terms are NOT acceptable in full, simply return the check in the Self Addressed Stamped Envelope provided.

I wish to resolve this matter as uneventfully as possible. However, if the check is cashed and the aforementioned conditions are not fully acted upon I will be forced to swiftly pursue all legal actions available to me.

Respectfully,
My Name
My Signature

PS- Please be aware that I am instantly notified of any and all changes made to my credit reports.

4. I scotch tape the check on all four corners to the paper near the bottom. Why do I do this, you ask?... So they have to peel the check off the paper, it adds an element of labor so the CA can_t say in court they didn_t notice the contact. (in the event it went to court.)

5. I send a payment in full, this is important because if you sue them and you have already paid them in full they have nothing else to gain from you, so going to court on your account is a 100% complete waste of time and money. Case Study A: Once I filed a suit and they quickly deleted the TL, I then dropped my suit. It was easy. _

6. I enclose a Self Addressed Stamped Envelope in case they don't agree to my conditions.

7. Of course, on the back of the check I write the contract again (from Line 3)

8. I scan or take pictures of everything, the completed front and back of the check, the completed outside of the envelope, the completed letter itself with check taped to the paper. I keep a copy for myself and I enclose copies in their envelope so they know I am documenting everything.
---------------------------------
so that's it....

It_s worked for me and it may work for you.--

If they don't adhere to the agreement stated then sue,
For CA_s, it's all about the money and if they waste several half-days in court, (seldom is a court case ever resolved in the first hearing)
That_s a lot to pay someone to go to court,
when the reward is nothing more
than keeping a negative on your credit file.
Everything is in your favor at this point.


It_s worth a try anyway, if you have the cash to pay in full.

If it ever goes to court ( it wasn't had to yet). I intend to bring along (as precedence- this is very important in court) several of those checks that Banks send out with the fine print on the back, you know the ones that have the microscopic print in the back that state: By cashing this $20 (or some small amount), you agree to sign up for some useless service and be billed until you notice it and scream, "What the @#& is this on my bank statement!!!!" and finally have it stopped. hehe.

Give it a try.. it can't hurt and let us know the results...

[tranquility]

I believe that paying your debts in full is a good way to get the debt collectors off your back.

I'm not sure of all the other folderal as, absent a true dispute over the debt, there is probably not consideration to create a contract with the terms demanded by the OP.