Dispute Over Old Credit Card Account in Collections
Author: parrothead86
Joined: 22 Apr 2004
Posts: 55
Posted: Mon May 10, 2004 6:41 pm
Post subject: Help with collection account House hold Bank
We have an old house hold bank card ( originally $300 limit ) that has gone bad several years ago. I have some memory of paying this off three years ago but have nothing to prove it. Recently I have been given court papers issued by an LLC who some how has gotten this account and they are trying to collect over $1900 on this account. Is this possible? How high can they run this up? Is their any way If I do not have evidence that the debt is paid that I might be able to find record of that? Should I trust an LLC? Can I call HHB directly? parrothead86
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Author: NightStar
Forum Moderator
Joined: 07 Nov 2003
Posts: 2135
Location: Illinois
Posted: Mon May 10, 2004 8:15 pm
That is a hard one, you can send debt validation out to the collection agnecy, asking them to prove that the debt is yours and to show billing history on this to justify what they say is owed. It is always worth a try to go back to the creditor and dispute with them that the account had been paid. If they don't have the back records you might be out of luck, have you pulled a copy of your credit report to see what is being reported. Have you in the past pulled prior credit reports that you might have on record. Hopefully at that time they might have updated the paid status, hard to say. Very likely if you do pay, that you can get the balance reduced considerably what you would have to pay to them to settle on this matter. But try the other options of disputing first before deciding if you have to repay this debt. Note: Keep all records, oh, 2nd note, keep records organized, LOL I have no trouble with the first directive, just the 2nd one, it has been a major headache over the years I can atest to that.
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Joined: 22 Apr 2004
Posts: 55
Posted: Mon May 10, 2004 6:41 pm
Post subject: Help with collection account House hold Bank
We have an old house hold bank card ( originally $300 limit ) that has gone bad several years ago. I have some memory of paying this off three years ago but have nothing to prove it. Recently I have been given court papers issued by an LLC who some how has gotten this account and they are trying to collect over $1900 on this account. Is this possible? How high can they run this up? Is their any way If I do not have evidence that the debt is paid that I might be able to find record of that? Should I trust an LLC? Can I call HHB directly? parrothead86
View our latest credit card ratings!
Author: NightStar
Forum Moderator
Joined: 07 Nov 2003
Posts: 2135
Location: Illinois
Posted: Mon May 10, 2004 8:15 pm
That is a hard one, you can send debt validation out to the collection agnecy, asking them to prove that the debt is yours and to show billing history on this to justify what they say is owed. It is always worth a try to go back to the creditor and dispute with them that the account had been paid. If they don't have the back records you might be out of luck, have you pulled a copy of your credit report to see what is being reported. Have you in the past pulled prior credit reports that you might have on record. Hopefully at that time they might have updated the paid status, hard to say. Very likely if you do pay, that you can get the balance reduced considerably what you would have to pay to them to settle on this matter. But try the other options of disputing first before deciding if you have to repay this debt. Note: Keep all records, oh, 2nd note, keep records organized, LOL I have no trouble with the first directive, just the 2nd one, it has been a major headache over the years I can atest to that.
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posted by CardRatings.com at 4:00 PM
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