Lhr inc called today and the lady left a message stating that she had my file on her desk and a case # as well.My original creditor charged the account off so, I guess it was sold to lhr.What should I do at this point? Any help would be greatly appreciated.

The fact that it was charged off has no bearing on you or your obligation to pay. What you can do is try to negotiate a lump sum settlement or a payment plan.

So, you're saying I should admit the debt is mine?I thought I was supposed to send a c & d letter first.Then a debt validation letter.

Do you believe the debt is yours? If so, negotiate. If you are unsure then ask for validation of the debt and their right to collect it.

Yes, the debt is mine and they do state on their website that they do accept monthly payments.This ca buys junk debtdebt for 2 cents on the dollar.What would be a good settlement offer.The amount that was charged off is $8,850.

I would start with an offer of 50% and see if they will negotiate. Note, to get such a settlement you will have to pay a lump sum. If you cannot, then they will want much more under a playment plan.