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Received collection letter from Sherman Acquisition, please help

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What is the name of your state? California

Today I received a collection letter from Collectcorp (Sherman Acquisition Limited Partners). It says that the above accout has been purchased by them from the previous creditor. This is a previous account that was handled by another collector. I sent a DV letter and limited cease and desist about 3 weeks ago and didn't hear anything at all, didn't even get the green paper back. Now I got this letter from this new collector. What should I do?? I hear these guys are a real pain!! The amount of the collection is about $1500. Should I send them a debt validation letter? are they going to sue me?

Thanks in advance


How old is this debt? What is it for?

Based on your answers for the above questions, we can assist you better.


the debt was originally with Household bank. It went into collections last year and went to one collector. The debt was from a retail account that went into collections as a result of me not making payments on it because I had a real bad accident. I DV them and 3 weeks later I received this letter from this new collector. What should I do?



1) Ignore them and hope the statute of limitations (4 years) expires before and if they sue

2) Send a DV letter, certified mail return receipt. If they come up with proper validation, offer a settlement and go from there.

3) Offer a pay-for-delete

4) Pay it

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