Collection attempt

[tnbelle]

What is the name of your state? TN

I received a letter from an attorney today to collect an old credit card debt. I called the attorney and talked to someone about my account. I told them I had offered the collection agency what I could afford and they turned me down. I made the same offer to the attorney's office. The bill is $5000 and I offered $150 a month. It is all I can pay. The guy -- Pat -- wouldn't tell me his last name, and was fairly condescending. I am afraid they will really be coming after me. Can they attach a lien against my house? What should I expect next?

 

[Tayla]

What is the name of your state? TN

I received a letter from an attorney today to collect an old credit card debt. I called the attorney and talked to someone about my account. I told them I had offered the collection agency what I could afford and they turned me down. I made the same offer to the attorney's office. The bill is $5000 and I offered $150 a month. It is all I can pay. The guy -- Pat -- wouldn't tell me his last name, and was fairly condescending. I am afraid they will really be coming after me. Can they attach a lien against my house? What should I expect next?

Ohh gosh, Lets see: How old is this debt? When was the last payment made on it? Has it exceeded the Statue of Limitations for Collections? and Most importantly why in tar-nations are you even negotiating on a debt that may have far past its time frame to collect legally? Have you requested a validation of this debt ? There are far tooo many questions to have answered before one can accurately respond to concerns. And stop talking to the collection attorney. Respond in writing via Certified mail. Save all documentation.

 

[tnbelle]

It is within the SOL. It is probably 3 years old. I will be asking for the validation today.. RRR. "Pat" is telling me that the debt is now 7000, from the original 5000 and that interest is accruing at 24% per day. Now, I know that cannot be right, can it? The atty office is in Tn., so that is why I was responding. I was afraid they were getting ready to sue. Thanks for responding.

 

[Tayla]

It is within the SOL. It is probably 3 years old. I will be asking for the validation today.. RRR. "Pat" is telling me that the debt is now 7000, from the original 5000 and that interest is accruing at 24% per day. Now, I know that cannot be right, can it? The atty office is in Tn., so that is why I was responding. I was afraid they were getting ready to sue. Thanks for responding.

Pat can tell you that the sky is falling if he dern well wants too! The fact of the matter is: 1: Get validation 2: Request your credit report from all three major bureaus. 3. Research said account for date of last payment. 4. Retain legal counsel. 5: Stop talking to Pat or the legal office. They are debt collectors and fall under certain parameters. THE FDCPA and FCRA have information on rules and regulations involving collections.