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Posted: 12/13/2015 3:40:59 PM EST
[#1]
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Between individuals, small local businesses and deadbeat customers, I would assume. How about large companies, say Citibank or some other clowns? Quote HistoryQuoted:
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Sue you over $1,000 
Yeah right Between individuals, small local businesses and deadbeat customers, I would assume. How about large companies, say Citibank or some other clowns? 3rd party collector or sold debt from citibank, absolutely. |
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Posted: 12/13/2015 3:42:18 PM EST
[#2]
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So avoiding paying it back or claiming that you are being harassed is the better course of action? I'm sure he was balls deep when he was charging on the card. All actions have consequences. Quote HistoryQuoted:
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You need to pay your debts. Nothing worse than someone who won't honor thier comity nets. You also need to clear out your voice mails. Sometimes people have hard times and sometimes people aren't as perfect as others around here. So avoiding paying it back or claiming that you are being harassed is the better course of action? I'm sure he was balls deep when he was charging on the card. All actions have consequences. Or the whole thing is an clerical error that had its origin in somebody failing to update their records, and OP owes them nothing. |
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Posted: 12/13/2015 3:52:42 PM EST
[#3]
The correct answer was go fuck yourself and hang up. Do not talk to any of these fucks until you decide to contact them to arrange payment.
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Posted: 12/13/2015 4:03:52 PM EST
[#4]
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Or the whole thing is an clerical error that had its origin in somebody failing to update their records, and OP owes them nothing. Quote HistoryQuoted:
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You need to pay your debts. Nothing worse than someone who won't honor thier comity nets. You also need to clear out your voice mails. Sometimes people have hard times and sometimes people aren't as perfect as others around here. So avoiding paying it back or claiming that you are being harassed is the better course of action? I'm sure he was balls deep when he was charging on the card. All actions have consequences. Or the whole thing is an clerical error that had its origin in somebody failing to update their records, and OP owes them nothing. That's plausible. Except OP admitted to the debt. 
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Posted: 12/13/2015 4:11:37 PM EST
[#5]
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You need to pay your debts. Nothing worse than someone who won't honor thier commitments . You also need to clear out your voice mails. Only if you actually owe the debts, the people trying to collect the debts are the people you actually owe, and you debts have not been discharged either through payment, offer and compromise, or the SOL has expire. I recently tried to pay one of my numerous hospital bills (pneumonia sucks) and the outfit I contacted had billed me for $195, I was contacted them about getting the bill paid. The accounts rep said the company had written the debt off as bad debt in the prior cycle and said it was not worth trying to reconcile or correct. 
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Posted: 12/13/2015 4:15:37 PM EST
[#6]
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That's plausible. Except OP admitted to the debt.
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Or the whole thing is an clerical error that had its origin in somebody failing to update their records, and OP owes them nothing. That's plausible. Except OP admitted to the debt.
I gather you didn't read his update from today: Quoted:
I pulled my credit report as the last time was in April, had a score of 680, now it's 703, that feels good! I started with 450 oops, it's been a long journey. There's nothing on there about HSBC Best Buy. Only negative account left on there is my student loan which is supposed to clear as current sometime this month. |
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Posted: 12/13/2015 4:36:17 PM EST
[#7]
I would say I'm surprised by some of the comments here but then I really shouldn't be.
I have never been late on a bill and I have never been contacted by a debt collector. Odd |
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Posted: 12/13/2015 4:36:18 PM EST
[#8]
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I gather you didn't read his update from today: Quote HistoryQuoted:
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Or the whole thing is an clerical error that had its origin in somebody failing to update their records, and OP owes them nothing. That's plausible. Except OP admitted to the debt.
I gather you didn't read his update from today: Quoted:
I pulled my credit report as the last time was in April, had a score of 680, now it's 703, that feels good! I started with 450 oops, it's been a long journey. There's nothing on there about HSBC Best Buy. Only negative account left on there is my student loan which is supposed to clear as current sometime this month. I gather you didn't read the OP where he admitted to the account with debt? A credit report issue will clear after 7 years. The collection period depends on the states statute of limitations. If debt is sent to a 3rd party to collect or sold off, the collection company can continue to try and collect the debt up until the statute of limitations from last account activity, and even after if they so choose to not follow laws. I understand you have no clue of how this works, and that is fine, but OP 100% admitted to being a deadbeat on the delinquent account. Legalities aside, don't try to slice it or dice it any other way, as it is clear as day that he didn't pay his debt. |
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Posted: 12/13/2015 4:37:39 PM EST
[#9]
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I would say I'm surprised by some of the comments here but then I really shouldn't be. I have never been late on a bill and I have never been contacted by a debt collector. Odd No one cares. Get over yourself |
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Posted: 12/13/2015 4:41:35 PM EST
[#10]
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I gather you didn't read the OP where he admitted to the account with debt as well as confirming the amount? A credit report issue will clear after 7 years. The collection period depends on the states statute of limitations. If debt is sent to a 3rd party to collect or sold off, the collection company can continue to try and collect the debt up until the statute of limitations from last account activity, and even after if they so choose to not follow laws. I understand you have no clue of how this works, and that is fine, but OP 100% admitted to being a deadbeat on the delinquent account. Legalities aside, don't try to slice it or dice it any other way, as it is clear as day that he didn't pay his debt. Quote HistoryQuoted:
I gather you didn't read the OP where he admitted to the account with debt as well as confirming the amount? A credit report issue will clear after 7 years. The collection period depends on the states statute of limitations. If debt is sent to a 3rd party to collect or sold off, the collection company can continue to try and collect the debt up until the statute of limitations from last account activity, and even after if they so choose to not follow laws. I understand you have no clue of how this works, and that is fine, but OP 100% admitted to being a deadbeat on the delinquent account. Legalities aside, don't try to slice it or dice it any other way, as it is clear as day that he didn't pay his debt. Well, here's what I recall reading: Quoted:
I know I had best buy card in the past, I just can't remember how old it is, I will be home late morning to noon on Monday and will rush in my office to pull the file I have on all the debts I have paid and that are current from the information I pulled from my credit report. You've seen his signature on a document admitting to a debt, have you? |
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Posted: 12/13/2015 4:44:10 PM EST
[#11]
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Well, here's what I recall reading: You've seen his signature on a document admitting to a debt, have you? Quote HistoryQuoted:
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I gather you didn't read the OP where he admitted to the account with debt as well as confirming the amount? A credit report issue will clear after 7 years. The collection period depends on the states statute of limitations. If debt is sent to a 3rd party to collect or sold off, the collection company can continue to try and collect the debt up until the statute of limitations from last account activity, and even after if they so choose to not follow laws. I understand you have no clue of how this works, and that is fine, but OP 100% admitted to being a deadbeat on the delinquent account. Legalities aside, don't try to slice it or dice it any other way, as it is clear as day that he didn't pay his debt. Well, here's what I recall reading: Quoted:
I know I had best buy card in the past, I just can't remember how old it is, I will be home late morning to noon on Monday and will rush in my office to pull the file I have on all the debts I have paid and that are current from the information I pulled from my credit report. You've seen his signature on a document admitting to a debt, have you? I am not trying to avoid a debt, I am much happy to pay it to the original debitor which is HSBC Best Buy. I have been working on my debts that I messed up while in college, working on one at a time. Can't do all at once. You can make excuses for him all you want, but it's pretty fucking pathetic that you won't just admit and accept that OP ALREADY FUCKING ADMITTED TO THE DEBT. This ain't rocket science and you don't need to hire Dick Tracey when OP already stated that the debt is legit. |
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Posted: 12/13/2015 4:50:21 PM EST
[#12]
Sign up with credit karma and look at the charge off.
the agency will be listed. i just did this on a t -mobil c.o. and paid $127 instead of $200 |
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Posted: 12/13/2015 4:59:03 PM EST
[#13]
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You can make excuses for him all you want, but it's pretty fucking pathetic that you won't just admit and accept that OP ALREADY FUCKING ADMITTED TO THE DEBT. This ain't rocket science and you don't need to hire Dick Tracey when OP already stated that the debt is legit. Quote HistoryQuoted:
I am not trying to avoid a debt, I am much happy to pay it to the original debitor which is HSBC Best Buy. I have been working on my debts that I messed up while in college, working on one at a time. Can't do all at once. You can make excuses for him all you want, but it's pretty fucking pathetic that you won't just admit and accept that OP ALREADY FUCKING ADMITTED TO THE DEBT. This ain't rocket science and you don't need to hire Dick Tracey when OP already stated that the debt is legit. I'm not reading that he's admitting to a debt. I read that he recalls having credit with HSBC/Best Buy, but really doesn't know if he still owes anything. It's been pointed out numerous times in this thread that people have collection agencies coming after them for debts that were already paid. Now, I'm sure that never happened with any debts that you handled when you had your debt collecting outfit, but it can and does happen. If these jackals that are after OP have their ducks in a row, and OP actually owes the amounts quoted, they can provide him with documents to back up their side. If not, they can FOAD. And, I too would like to hear an answer to this question: Quoted:
Why oh noble one did you close up shop in 2008 after new legislation was passed? |
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Posted: 12/13/2015 5:00:28 PM EST
[#14]
Its a scam. They almost got me exact same way almost to the letter earlier this year. Tell them to kick rocks.
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Posted: 12/13/2015 5:29:41 PM EST
[#15]
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No one cares. Get over yourself Quote HistoryQuoted:
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I would say I'm surprised by some of the comments here but then I really shouldn't be. I have never been late on a bill and I have never been contacted by a debt collector. Odd No one cares. Get over yourself Yep no one cares about personal responsibility. ETA sickening. |
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Posted: 12/13/2015 5:31:15 PM EST
[#16]
Quote HistoryQuoted: And, I too would like to hear an answer to this question: Quote HistoryQuoted: And, I too would like to hear an answer to this question: Quoted: Why oh noble one did you close up shop in 2008 after new legislation was passed? Wouldn't it be funny if it was legislation putting a stop to predatory collection tactics? |
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Posted: 12/13/2015 5:47:37 PM EST
[#17]
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Count me in for a third. Wouldn't it be funny if it was legislation putting a stop to predatory collection tactics? Quote HistoryQuoted:
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And, I too would like to hear an answer to this question: Quoted:
Why oh noble one did you close up shop in 2008 after new legislation was passed? Wouldn't it be funny if it was legislation putting a stop to predatory collection tactics? Basically, there was a settlement/case law that opened up debtor lawsuits against collections if any inaccurate information was provided. Now the problem with that is that a 3rd party agency is provided the information by the original lender/account holder so you had to rely on their information to be 100 percent correct, to the t, down to the address, spelling of a name, debt amount to the cent, and exact debt origination date. Call the wrong house because the people who rented moved since the debt, or the "old" phone number? Yep, you open yourself up to the lawsuit. Account debt was $1 off when it was provided to you? Yep, you open yourself up to a lawsuit. Wrong first name because the person uses multiple aliases? Yep, lawsuit is a possibility. Wrong social provided to you by the original lender? Lawsuit. It is next to impossible for a small collections company to keep out of lawsuits, some of which are legitimate do to bad or wrong information provided by the lender. It's not worth it unless you have a large company dealing in bulk delinquent account purchases with a full time legal team on the payroll. In the case of the op, he has admitted to being delinquent on accounts. So no fucks given and doesn't apply to the above. The truth and bottom line is that the government protects pieces of shit who choose to not pay their bills. Predatory collection practice laws, which again, protect the debtor, were in place long before I started. People who rack up debt without repaying SHOULD be shamed, and people should know about it. But nope, this is pussy liberal America where everyone is coddled. |
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Posted: 12/13/2015 6:09:11 PM EST
[#18]
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Basically, there was a settlement/case law that opened up debtor lawsuits against collections if any inaccurate information was provided. Now the problem with that is that a 3rd party agency is provided the information by the original lender/account holder so you had to rely on their information to be 100 percent correct, to the t, down to the address, spelling of a name, debt amount to the cent, and exact debt origination date. Call the wrong house because the people who rented moved since the debt, or the "old" phone number? Yep, you open yourself up to the lawsuit. Account debt was $1 off when it was provided to you? Yep, you open yourself up to a lawsuit. Wrong first name because the person uses multiple aliases? Yep, lawsuit is a possibility. Wrong social provided to you by the original lender? Lawsuit. It is next to impossible for a small collections company to keep out of lawsuits, some of which are legitimate do to bad or wrong information provided by the lender. It's not worth it unless you have a large company dealing in bulk delinquent account purchases with a full time legal team on the payroll. In the case of the op, he has admitted to being delinquent on accounts. So no fucks given and doesn't apply to the above. The truth and bottom line is that the government protects pieces of shit who choose to not pay their bills. Predatory collection practices, which again, protect the debtor, were in place long before I started. People who rack up debt without repaying SHOULD be shamed, and people should know about it. But nope, this is pussy liberal America where everyone is coddled. wat Still insisting that OP admitted he owed money to HSBC, too. |
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Posted: 12/13/2015 6:11:49 PM EST
[#19]
Quote HistoryQuoted: Basically, there was a settlement/case law that opened up debtor lawsuits against collections if any inaccurate information was provided. Now the problem with that is that a 3rd party agency is provided the information by the original lender/account holder so you had to rely on their information to be 100 percent correct, to the t, down to the address, spelling of a name, debt amount to the cent, and exact debt origination date. Call the wrong house because the people who rented moved since the debt, or the "old" phone number? Yep, you open yourself up to the lawsuit. Account debt was $1 off when it was provided to you? Yep, you open yourself up to a lawsuit. Wrong first name because the person uses multiple aliases? Yep, lawsuit is a possibility. Wrong social provided to you by the original lender? Lawsuit. It is next to impossible for a small collections company to keep out of lawsuits, some of which are legitimate do to bad or wrong information provided by the lender. It's not worth it unless you have a large company dealing in bulk delinquent account purchases with a full time legal team on the payroll. In the case of the op, he has admitted to being delinquent on accounts. So no fucks given and doesn't apply to the above. The truth and bottom line is that the government protects pieces of shit who choose to not pay their bills. Predatory collection practices, which again, protect the debtor, were in place long before I started. People who rack up debt without repaying SHOULD be shamed, and people should know about it. But nope, this is pussy liberal America where everyone is coddled. Quote HistoryQuoted: Quoted: Quoted: And, I too would like to hear an answer to this question: Quoted: Why oh noble one did you close up shop in 2008 after new legislation was passed? Wouldn't it be funny if it was legislation putting a stop to predatory collection tactics? Basically, there was a settlement/case law that opened up debtor lawsuits against collections if any inaccurate information was provided. Now the problem with that is that a 3rd party agency is provided the information by the original lender/account holder so you had to rely on their information to be 100 percent correct, to the t, down to the address, spelling of a name, debt amount to the cent, and exact debt origination date. Call the wrong house because the people who rented moved since the debt, or the "old" phone number? Yep, you open yourself up to the lawsuit. Account debt was $1 off when it was provided to you? Yep, you open yourself up to a lawsuit. Wrong first name because the person uses multiple aliases? Yep, lawsuit is a possibility. Wrong social provided to you by the original lender? Lawsuit. It is next to impossible for a small collections company to keep out of lawsuits, some of which are legitimate do to bad or wrong information provided by the lender. It's not worth it unless you have a large company dealing in bulk delinquent account purchases with a full time legal team on the payroll. In the case of the op, he has admitted to being delinquent on accounts. So no fucks given and doesn't apply to the above. The truth and bottom line is that the government protects pieces of shit who choose to not pay their bills. Predatory collection practices, which again, protect the debtor, were in place long before I started. People who rack up debt without repaying SHOULD be shamed, and people should know about it. But nope, this is pussy liberal America where everyone is coddled. |
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Posted: 12/13/2015 6:13:45 PM EST
[#20]
Quote HistoryQuoted: Basically, there was a settlement/case law that opened up debtor lawsuits against collections if any inaccurate information was provided. Now the problem with that is that a 3rd party agency is provided the information by the original lender/account holder so you had to rely on their information to be 100 percent correct, to the t, down to the address, spelling of a name, debt amount to the cent, and exact debt origination date. Call the wrong house because the people who rented moved since the debt, or the "old" phone number? Yep, you open yourself up to the lawsuit. Account debt was $1 off when it was provided to you? Yep, you open yourself up to a lawsuit. Wrong first name because the person uses multiple aliases? Yep, lawsuit is a possibility. Wrong social provided to you by the original lender? Lawsuit. It is next to impossible for a small collections company to keep out of lawsuits, some of which are legitimate do to bad or wrong information provided by the lender. It's not worth it unless you have a large company dealing in bulk delinquent account purchases with a full time legal team on the payroll. In the case of the op, he has admitted to being delinquent on accounts. So no fucks given and doesn't apply to the above. The truth and bottom line is that the government protects pieces of shit who choose to not pay their bills. Predatory collection practices, which again, protect the debtor, were in place long before I started. People who rack up debt without repaying SHOULD be shamed, and people should know about it. But nope, this is pussy liberal America where everyone is coddled. Quote HistoryQuoted: Quoted: Call the wrong house because the people who rented moved since the debt, or the "old" phone number? Yep, you open yourself up to the lawsuit. Account debt was $1 off when it was provided to you? Yep, you open yourself up to a lawsuit. Wrong first name because the person uses multiple aliases? Yep, lawsuit is a possibility. Wrong social provided to you by the original lender? Lawsuit. It is next to impossible for a small collections company to keep out of lawsuits, some of which are legitimate do to bad or wrong information provided by the lender. It's not worth it unless you have a large company dealing in bulk delinquent account purchases with a full time legal team on the payroll. In the case of the op, he has admitted to being delinquent on accounts. So no fucks given and doesn't apply to the above. The truth and bottom line is that the government protects pieces of shit who choose to not pay their bills. Predatory collection practices, which again, protect the debtor, were in place long before I started. People who rack up debt without repaying SHOULD be shamed, and people should know about it. But nope, this is pussy liberal America where everyone is coddled. ZERO sympathy. |
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Posted: 12/13/2015 6:13:55 PM EST
[#21]
A debt collector lying to a debtor and telling them they're a "law office."
Read up on the fair debt collections act. The tactics they're using ate highly illegal. I helped my sister-in-law through this kind of stuff years ago after her ex-husband ruined her credit after their divorce. Debt collectors are unscrupulous mutherfuckers and are willing to lie and cheat to collect a buck. FWIW if they're calling and harassing your family, that is illegal too. Next trick is they will begin to call you at work to embarrass you there. |
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Posted: 12/13/2015 6:20:58 PM EST
[#22]
Quote HistoryQuoted: Damned right. I had some punk-ass scammer call my home the other day, claiming to be a Treasury Enforcement Agent for the IRS, and that I needed to settle a Tax Debt with them to avoid going to jail. I LOL'd. Literally. They didn't even get my name right. Losers. Quote HistoryQuoted: Quoted: Yeah... no. I'd require more information as well, I've gotten enough scam calls to know better. Maybe they are a legit debt collection company collecting a valid debt, but then again it's better to verify things. Damned right. I had some punk-ass scammer call my home the other day, claiming to be a Treasury Enforcement Agent for the IRS, and that I needed to settle a Tax Debt with them to avoid going to jail. I LOL'd. Literally. They didn't even get my name right. Losers. Wife got that call a few week ago, and started freaking out. Even though she KNEW it was a scam, it scared her. That's how these assclowns work. |
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Posted: 12/13/2015 6:29:48 PM EST
[#23]
Quote HistoryQuoted: LOL so all it took to put you out of business was for you to be held accountable for accuracy dealing with peoples money, in which errors can grossly negatively impact peoples lives? ZERO sympathy. Quote HistoryQuoted: Quoted: Quoted: Call the wrong house because the people who rented moved since the debt, or the "old" phone number? Yep, you open yourself up to the lawsuit. Account debt was $1 off when it was provided to you? Yep, you open yourself up to a lawsuit. Wrong first name because the person uses multiple aliases? Yep, lawsuit is a possibility. Wrong social provided to you by the original lender? Lawsuit. It is next to impossible for a small collections company to keep out of lawsuits, some of which are legitimate do to bad or wrong information provided by the lender. It's not worth it unless you have a large company dealing in bulk delinquent account purchases with a full time legal team on the payroll. In the case of the op, he has admitted to being delinquent on accounts. So no fucks given and doesn't apply to the above. The truth and bottom line is that the government protects pieces of shit who choose to not pay their bills. Predatory collection practices, which again, protect the debtor, were in place long before I started. People who rack up debt without repaying SHOULD be shamed, and people should know about it. But nope, this is pussy liberal America where everyone is coddled. ZERO sympathy. |
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Posted: 12/13/2015 6:41:28 PM EST
[#24]
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Seems to me that he was just as irresponsible in collecting debts as those he's berating were about paying them. Quote HistoryQuoted:
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Quoted: Call the wrong house because the people who rented moved since the debt, or the "old" phone number? Yep, you open yourself up to the lawsuit. Account debt was $1 off when it was provided to you? Yep, you open yourself up to a lawsuit. Wrong first name because the person uses multiple aliases? Yep, lawsuit is a possibility. Wrong social provided to you by the original lender? Lawsuit. It is next to impossible for a small collections company to keep out of lawsuits, some of which are legitimate do to bad or wrong information provided by the lender. It's not worth it unless you have a large company dealing in bulk delinquent account purchases with a full time legal team on the payroll. In the case of the op, he has admitted to being delinquent on accounts. So no fucks given and doesn't apply to the above. The truth and bottom line is that the government protects pieces of shit who choose to not pay their bills. Predatory collection practices, which again, protect the debtor, were in place long before I started. People who rack up debt without repaying SHOULD be shamed, and people should know about it. But nope, this is pussy liberal America where everyone is coddled. ZERO sympathy. Seems to me that he was just as irresponsible in collecting debts as those he's berating were about paying them. Quite the opposite. It was entirely too time consuming trying to only collect on debts that you could 100 percent verify. It was not worth the hassle or possibility of the free shit army filing ridiculous lawsuits resulting from dead beats. And I don't want sympathy. I made my money and got out of the business when the time was right. Win win for me, no more dealing with the dredges of society and I started a more lucrative business. |
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Posted: 12/13/2015 6:44:42 PM EST
[#25]
Quote HistoryQuoted: Seems to me that he was just as irresponsible in collecting debts as those he's berating were about paying them. Quote HistoryQuoted: Quoted: LOL so all it took to put you out of business was for you to be held accountable for accuracy dealing with peoples money, in which errors can grossly negatively impact peoples lives? ZERO sympathy. Seems to me that he was just as irresponsible in collecting debts as those he's berating were about paying them. ETA- NVM his reply clinched it. |
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Posted: 12/13/2015 6:48:54 PM EST
[#26]
Quote HistoryQuoted: Quite the opposite. It was entirely too time consuming trying to only collect on debts that you could 100 percent verify. It was not worth the hassle or possibility of the free shit army filing ridiculous lawsuits resulting from dead beats. And I don't want sympathy. I made my money and got out of the business when the time was right. Win win for me, no more dealing with the dredges of society and I started a more lucrative business. ETA- I say probably, not saying you are. You might be a great guy and upstanding citizen... But the way you've portrayed yourself here leaves that suspect. |
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Posted: 12/13/2015 6:53:09 PM EST
[#27]
I got sued by capital ones law firm for a 2000 debt lol
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Posted: 12/13/2015 6:55:07 PM EST
[#28]
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Those lawyers usually buy debt that is about to drop off your credit or passed/close to pass legal statue of limitations. They cant have sued you already and then claim that they will sue you if you don't pay right then. Figure out last payment you made, since 30 days from that would be the date of default. Check your state laws and see how long someone has to sue over civil debt ( 4 or 5 yrs most likely). If it has been past the limit then tell that debt collector that he cannot sue you since statue of limitations has passed. Contact the original creditor if you want to pay them back. If they don't want to deal with you directly then don't worry about it. There is a caveat that you should be aware of. If he acknowledges the debt, it can restart the clock on the statute of limitations. Also, each state has their own statute of limitations for lawsuits regarding debt, and those will also vary depending on the type of debt. |
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Posted: 12/13/2015 6:55:43 PM EST
[#29]
Quote HistoryQuoted: Quite the opposite. It was entirely too time consuming trying to only collect on debts that you could 100 percent verify. It was not worth the hassle or possibility of the free shit army filing ridiculous lawsuits resulting from dead beats. And I don't want sympathy. I made my money and got out of the business when the time was right. Win win for me, no more dealing with the dredges of society and I started a more lucrative business. Quote HistoryQuoted: Quoted: Quoted: LOL so all it took to put you out of business was for you to be held accountable for accuracy dealing with peoples money, in which errors can grossly negatively impact peoples lives? ZERO sympathy. Seems to me that he was just as irresponsible in collecting debts as those he's berating were about paying them. Quite the opposite. It was entirely too time consuming trying to only collect on debts that you could 100 percent verify. It was not worth the hassle or possibility of the free shit army filing ridiculous lawsuits resulting from dead beats. And I don't want sympathy. I made my money and got out of the business when the time was right. Win win for me, no more dealing with the dredges of society and I started a more lucrative business. As for the part in blue, didn't you just get done saying that it was the possibility of people who didn't owe money suing you that drove you out of the business? Are they the deadbeats here, or is that the person who does this shit for a living (who owns the business) who can't even be bothered to make sure he's contacting the right people? |
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Posted: 12/13/2015 6:56:58 PM EST
[#30]
A jew asking you to pay.
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Posted: 12/13/2015 6:56:59 PM EST
[#31]
Quote HistoryQuoted:
Well, if "winning" to you is tricking other people to give you money based on possibly inaccurate information in which there is no profit in collecting the debt with accurate information, and the "time was right" to get out of the business when you were forced to be held to ethical standards of accuracy and accountability, that is a clue that you probably might be a terrible person. ETA- I say probably, not saying you are. You might be a great guy and upstanding citizen... But the way you've portrayed yourself here leaves that suspect. Quote HistoryQuoted:
Quoted:
Quite the opposite. It was entirely too time consuming trying to only collect on debts that you could 100 percent verify. It was not worth the hassle or possibility of the free shit army filing ridiculous lawsuits resulting from dead beats. And I don't want sympathy. I made my money and got out of the business when the time was right. Win win for me, no more dealing with the dredges of society and I started a more lucrative business. ETA- I say probably, not saying you are. You might be a great guy and upstanding citizen... But the way you've portrayed yourself here leaves that suspect. You aren't understanding the industry. The information on the account isn't originated by the 3rd party, thus leaving the 3rd party to assume that the information provided by the lender is correct. Well I'm not a dead beat debtor, so there's that. And the good news is that if you don't have any delinquent accounts yet are being harassed, it is easy to put an end to and I am more than willing to help. Are you a dead beat debtor? |
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Posted: 12/13/2015 6:59:33 PM EST
[#32]
Quote HistoryQuoted:
A jew asking you to pay.
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Posted: 12/13/2015 10:18:30 PM EST
[#33]
I'm a firm believer in "pay what you owe"
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Posted: 12/13/2015 10:35:04 PM EST
[#34]
Quote HistoryQuoted:
I'm a firm believer in "pay what you owe" I thought that was how it worked but many here seem to think differently. |
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Posted: 12/13/2015 10:43:20 PM EST
[#35]
Chances are it was sent to the debt collectors contracted law firm. They get to sue you as it's not paid, and then they add some fees. If its valid, you may get a wage garnishment notice. You can appear in court to dispute, or they will start deducting. This happened to my wife about 5 times. They new she was a deadbeat and so they kept sending them to the lawyer and she was garnished over and over again. If it's not a scam, then it's legit and you will have to pay or call their bluff and it may fade away.
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Posted: 12/13/2015 11:05:36 PM EST
[#36]
Quote HistoryQuoted:
I used to have a debt collecting company, but closed up shop in 2008 after new legislation was passed. So yea, past "debt collecting scum" right here, who got to deal with the dirty, disgusting, lying cheats of the world on a daily basis, that is, THE DEBTOR. The scummiest people are the ones that skate through life racking up revolving debt with no intention on paying back, or intention that some day that will be able to pay them back but never care to commit, all while continuing to rack up debt. It's fucking pathetic and people that don't make good on debt are pieces of shit. Sorry, you don't get to call debt collectors scum when it takes an important step to get legitimate debt collectors involved. I guess STEALING is just fine by your own moral and ethical code? Because that is exactly what it is when you don't pay your debt. The fucking free shit army is everywhere these days. It's a sad, sad world we live in when people think racking up debt without repaying it is okay. Congratulations on your ranks and/or support of the free shit army. Quote HistoryQuoted:
Quoted:
Near as I can tell we have some debt collecting scum on this very board. They come to these topics like flies to shit, and they stink just as bad through the internet as they do through the phone. I used to have a debt collecting company, but closed up shop in 2008 after new legislation was passed. So yea, past "debt collecting scum" right here, who got to deal with the dirty, disgusting, lying cheats of the world on a daily basis, that is, THE DEBTOR. The scummiest people are the ones that skate through life racking up revolving debt with no intention on paying back, or intention that some day that will be able to pay them back but never care to commit, all while continuing to rack up debt. It's fucking pathetic and people that don't make good on debt are pieces of shit. Sorry, you don't get to call debt collectors scum when it takes an important step to get legitimate debt collectors involved. I guess STEALING is just fine by your own moral and ethical code? Because that is exactly what it is when you don't pay your debt. The fucking free shit army is everywhere these days. It's a sad, sad world we live in when people think racking up debt without repaying it is okay. Congratulations on your ranks and/or support of the free shit army. Why do you think interest rates are 20-30%. You know, they like factor in the risk when they extend credit. Not to mention if someone doesn't pay, they write it off, and then sell it. Don't see many credit card companies and banks hurting for money. On top of it, credit collectors are staffed by minimum wage low/no skilled asses in a seat who couldn't get a job at McDonalds. They lie, cheat, and will steal even when your debt is paid and can prove it. They are the scum of the earth. Bottom line credit is extended with a predictable default rate. Hence they charge the rates they do. Then you can add in the predatory lending like giving poor 18 year old college kids a 5,000 line of credit @ 30% and giving out free booze/promo items to sign up (and giving a cut to fellow students who can dupe their friends into signing up). |
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Posted: 12/13/2015 11:52:36 PM EST
[#37]
Quote HistoryQuoted:
1. Stop talking on the phone with them. All communication from them should be in writing, period. 2. Did they send a dunning letter? This is the "you owe us money" letter. If not, they can go fuck themselves. 3. If they send you a letter, send them back a letter demanding validation of the debt. This means they have to prove they own the debt. There are many, many, many debt collectors who do not own the debt but try to collect anyway. 4. The SOL is 6 years in MN. When did this debt first become delinquent? If it's out of SOL, you're clear. 5. HSBC sold this debt for pennies on the dollar. You do not owe HSBC anything anymore. If you call HSBC and tell them you wish to pay them the $1000 right now, they will say no thanks. This is more of an FYI thing in case you don't understand that. 6. Debt collectors are the scum of the earth, right up there with car salesmen and communists. I personally wouldn't pay one a damn red cent, but that's up to you. If they can provide proper validation in writing that they own the debt and it is within SOL, then you could offer to pay them. Remember that they paid pennies on the dollar for this. Offer $100. They'll balk, but only because they're seeing how much they can get from you. 7. The chances of being sued for $1000 are very small. You could always settle with them if they actually sue you. 8. See #1. Stop talking to them on the phone. This |
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Posted: 12/14/2015 2:53:08 AM EST
[#38]
Quote HistoryQuoted: You aren't understanding the industry. The information on the account isn't originated by the 3rd party, thus leaving the 3rd party to assume that the information provided by the lender is correct. Well I'm not a dead beat debtor, so there's that. And the good news is that if you don't have any delinquent accounts yet are being harassed, it is easy to put an end to and I am more than willing to help. Are you a dead beat debtor? Quote HistoryQuoted: Quoted: Quoted: Quite the opposite. It was entirely too time consuming trying to only collect on debts that you could 100 percent verify. It was not worth the hassle or possibility of the free shit army filing ridiculous lawsuits resulting from dead beats. And I don't want sympathy. I made my money and got out of the business when the time was right. Win win for me, no more dealing with the dredges of society and I started a more lucrative business. ETA- I say probably, not saying you are. You might be a great guy and upstanding citizen... But the way you've portrayed yourself here leaves that suspect. You aren't understanding the industry. The information on the account isn't originated by the 3rd party, thus leaving the 3rd party to assume that the information provided by the lender is correct. Well I'm not a dead beat debtor, so there's that. And the good news is that if you don't have any delinquent accounts yet are being harassed, it is easy to put an end to and I am more than willing to help. Are you a dead beat debtor? Then, as you stated, when legislature was put in place to ensure accuracy, just like many OTHER businesses, it killed the business. The BEST part is, I bet if your bank treated you like you treat debt collection, you'd shit kittens. |
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Posted: 12/14/2015 7:05:59 AM EST
[#39]
Quote HistoryQuoted:
Why do you think interest rates are 20-30%. You know, they like factor in the risk when they extend credit. Not to mention if someone doesn't pay, they write it off, and then sell it. Don't see many credit card companies and banks hurting for money. On top of it, credit collectors are staffed by minimum wage low/no skilled asses in a seat who couldn't get a job at McDonalds. They lie, cheat, and will steal even when your debt is paid and can prove it. They are the scum of the earth. Bottom line credit is extended with a predictable default rate. Hence they charge the rates they do. Then you can add in the predatory lending like giving poor 18 year old college kids a 5,000 line of credit @ 30% and giving out free booze/promo items to sign up (and giving a cut to fellow students who can dupe their friends into signing up). Quote HistoryQuoted:
Quoted:
Quoted:
Near as I can tell we have some debt collecting scum on this very board. They come to these topics like flies to shit, and they stink just as bad through the internet as they do through the phone. I used to have a debt collecting company, but closed up shop in 2008 after new legislation was passed. So yea, past "debt collecting scum" right here, who got to deal with the dirty, disgusting, lying cheats of the world on a daily basis, that is, THE DEBTOR. The scummiest people are the ones that skate through life racking up revolving debt with no intention on paying back, or intention that some day that will be able to pay them back but never care to commit, all while continuing to rack up debt. It's fucking pathetic and people that don't make good on debt are pieces of shit. Sorry, you don't get to call debt collectors scum when it takes an important step to get legitimate debt collectors involved. I guess STEALING is just fine by your own moral and ethical code? Because that is exactly what it is when you don't pay your debt. The fucking free shit army is everywhere these days. It's a sad, sad world we live in when people think racking up debt without repaying it is okay. Congratulations on your ranks and/or support of the free shit army. Why do you think interest rates are 20-30%. You know, they like factor in the risk when they extend credit. Not to mention if someone doesn't pay, they write it off, and then sell it. Don't see many credit card companies and banks hurting for money. On top of it, credit collectors are staffed by minimum wage low/no skilled asses in a seat who couldn't get a job at McDonalds. They lie, cheat, and will steal even when your debt is paid and can prove it. They are the scum of the earth. Bottom line credit is extended with a predictable default rate. Hence they charge the rates they do. Then you can add in the predatory lending like giving poor 18 year old college kids a 5,000 line of credit @ 30% and giving out free booze/promo items to sign up (and giving a cut to fellow students who can dupe their friends into signing up). That doesn't make one difference, when you borrow something it's your responsibility to pay it back. As for the term predatory lending that's a lib term and total BS, again you borrow something you need pay it back. Some of you guys sound like the lowest of low. |
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Posted: 12/14/2015 8:24:32 AM EST
[#40]
Tango1978, I am not trying to avoid a debt. I did borrow money with a credit card from best buy, I believe it was for 500 dollars, I'm not exactly sure as it was several years ago. I made mistakes in the past stopped paying to have money for fun as I was young and dumb. But now I'm older and taking responsibility even though it's biting me in the ass hard especially right now. I'm ready with the money to pay it, but The problem is this so called company sounds very sketchy. So that's why I am here to verify things out. I rather pay back to the people I borrowed from not to someone that bought it for 100 dollars and if I pay them they get 900 dollar profit. That doesn't sound right here. Would you want to do that? Pay to some company that paid pennies to the dollar on it? Especially when they refuse to show proof of debt to them? Or pay the company you borrowed from?
I am getting unloaded right now, then I head home for 3 days. I should know more by noon central time if I have some sort of letter from Michael phillips and associates that I overlooked. If there isn't one, I'll report to FTC with a copy of what I posted in op. Then I'll send Michael phillips and associates a letter to show proof otherwise if no proof they are to stop. |
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Posted: 12/14/2015 8:24:43 AM EST
[#41]
Quote HistoryQuoted:
You aren't understanding the industry. The information on the account isn't originated by the 3rd party, thus leaving the 3rd party to assume that the information provided by the lender is correct. Well I'm not a dead beat debtor, so there's that. And the good news is that if you don't have any delinquent accounts yet are being harassed, it is easy to put an end to and I am more than willing to help. Are you a dead beat debtor? Quote HistoryQuoted:
Quoted:
Quoted:
Quite the opposite. It was entirely too time consuming trying to only collect on debts that you could 100 percent verify. It was not worth the hassle or possibility of the free shit army filing ridiculous lawsuits resulting from dead beats. And I don't want sympathy. I made my money and got out of the business when the time was right. Win win for me, no more dealing with the dredges of society and I started a more lucrative business. ETA- I say probably, not saying you are. You might be a great guy and upstanding citizen... But the way you've portrayed yourself here leaves that suspect. You aren't understanding the industry. The information on the account isn't originated by the 3rd party, thus leaving the 3rd party to assume that the information provided by the lender is correct. Well I'm not a dead beat debtor, so there's that. And the good news is that if you don't have any delinquent accounts yet are being harassed, it is easy to put an end to and I am more than willing to help. Are you a dead beat debtor? It is not uncommon at all for someone to have zero knowledge of a debt before a scumbag collector starts contacting them. Medical bills end up like this routinely even for people who pay their bills on time. If you are going to harass people and damage their credit you better damn sure have your facts and figures correct otherwise you deserve to be sued out if existence. |
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Posted: 12/14/2015 8:45:20 AM EST
[#42]
Quote HistoryQuoted:
This Pay your debts. Quote HistoryQuoted:
Quoted:
Do you have a Best Buy credit card? Do you owe $1K that you haven't been making payments on? If so, why not? Call the bank. This Pay your debts. 
There they are! The high horsemen have rode in on their steeds of superiority. Alas, too quick on the trigger to pay attention to the thread. |
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Posted: 12/14/2015 8:48:15 AM EST
[#43]
Quote HistoryQuoted: Between individuals, small local businesses and deadbeat customers, I would assume. How about large companies, say Citibank or some other clowns? Quote HistoryQuoted: Quoted: Quoted: Sue you over $1,000 Yeah right Between individuals, small local businesses and deadbeat customers, I would assume. How about large companies, say Citibank or some other clowns? |
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Posted: 12/14/2015 8:49:50 AM EST
[#44]
Quote HistoryQuoted: A debt collector lying to a debtor and telling them they're a "law office." Read up on the fair debt collections act. The tactics they're using ate highly illegal. I helped my sister-in-law through this kind of stuff years ago after her ex-husband ruined her credit after their divorce. Debt collectors are unscrupulous mutherfuckers and are willing to lie and cheat to collect a buck. FWIW if they're calling and harassing your family, that is illegal too. Next trick is they will begin to call you at work to embarrass you there. |
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Posted: 12/14/2015 3:34:09 PM EST
[#45]
Quote HistoryQuoted: I've seen lawsuits over $ 1000 Quote HistoryQuoted: Quoted: Sue you over $1,000 Yeah right I received a phone call today from a lady being sued for $1,020 and has a pre-trial conference next week. She was looking for legal representation and I had to tell her that I would charge her more than that and it was cheaper to pay the debt. |
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Posted: 12/14/2015 3:35:44 PM EST
[#46]
Quote HistoryQuoted: If the statute of limitations has passed they can't sue you. However if you make a payment you can restart the statute of limitations and bring the debt back to life. Theoretically they should not be threatening to sue you if the time ran out, but some do it anyway Quote HistoryQuoted: Quoted: I know I had best buy card in the past, I just can't remember how old it is, I will be home late morning to noon on Monday and will rush in my office to pull the file I have on all the debts I have paid and that are current from the information I pulled from my credit report. So at this time I don't have much more information and I'm in the dark too. I'm afraid to tell them to stop contacting me and then I'll be in the dark on what they do behind my back if they do actually proceed with a lawsuit and I'm not in the court room. If I'm not in the court based on my research, the judge will automatically award them the win. I've seen some of the letters that the Debt Collectors send out on SOL barred debts. They mention in the letter that they won't sue you as it is too late to file a law suit. The letters go on to say that they will continue to call and hassle them until the debtor pays up. |
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Posted: 12/14/2015 3:41:15 PM EST
[#47]
Quote HistoryQuoted: I'm sure the lawyer who handles 3 digit lawsuits is a real Matlock. Quote HistoryQuoted: Quoted: Quoted: Sue you over $1,000 Yeah right I'm sure the lawyer who handles 3 digit lawsuits is a real Matlock. The lawyer may not have a choice about filing those 3 digit lawsuits. The way it works with some of the debt collector lawsuits is the attorney agrees to take a block of cases to work. The attorney has to take all of the cases, even the 3 digit cases. The attorney has a bunch of paralegals prepare complaints on all the cases and file them. The attorney is hoping the debtors will fail to respond so he can get default judgments. The creditor typically pays the filing fee for the suits and the attorney only gets paid a percentage of what they can collect on. Anybody puts up a defense on the lawsuit gets pushed to the bottom of the stack as they work the easiest ones first. The vast majority go by default and often the ones with good legal defenses just get dropped. My point is that the lawyer who filed the 3 digit case most likely didn't have anything to do with the paperwork and only did it because it was required so they can get the good 5 digit cases. |
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Posted: 12/14/2015 4:00:41 PM EST
[#48]
Let them sue you, fuck it! You didn't seem to be worried about it before.
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Posted: 12/14/2015 4:59:31 PM EST
[#49]
I'm home, I went through all my files, found a statement from Crown financial solutions for the HSBC Best Buy account. There I have a writing on it dated January 13th 2010 saying that we had agreement for 511.46 settlement with payment of $100.00 a month. I cannot remember if I paid that in full already.
I just received a call few minutes ago, did not answer it, it's definitely from Michael Philips and Associates but its a different number but same area code, 626-244-8837 I have filed a complaint with CFPB which that is where FTC site redirected me to for my type of complain. |
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Posted: 12/14/2015 5:06:39 PM EST
[#50]
Quote HistoryQuoted: Yep no one cares about personal responsibility. ETA sickening. Quote HistoryQuoted: Quoted: Quoted: I would say I'm surprised by some of the comments here but then I really shouldn't be. I have never been late on a bill and I have never been contacted by a debt collector. Odd No one cares. Get over yourself Yep no one cares about personal responsibility. ETA sickening. Jesus, get off the tall horse for a bit and stretch your legs. It's out of place here, the OP isn't deadbeating. |
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