[KimEwing]

Hi, my question is in regards to third party debt collectors. I was contacted by a 'Tom Parker' that requested me to call back immediately to collect information about someone I knew to verify information to close a file. When I called back it turns out to be a debt collection agency. They told me if I didn't agree to pay them that day or agree to a payment plan that they would have to send my file into enforcement and become noncollectable and I would then have to pay an additional 1500-1800$ in legal fines on top of my current debt, along with 1500 plus dollars in interest. Of course I agree to a payment plan but am now discovering some of my rights
What do I do now? I gave them my account number to set up the payment plan over the phone. However they called back and said I had insufficient funds. I am wondering if it's to late since I already gAve account information and what are the financial consequences to this decision. Also if requesting validation for the charges is to late, or if I can put stop payment on the charges is possible, and what the consequences to hat would be. I want to resolve my debt but am insure if I am being scammed, and what my next step should be.

[tickle]

What do you do ? You don't contact them again. Depending on when the debt was originated you may have been protected by the statute of llimitations in your state, the minute you contact them (from their scare tactics) the statute starts all over again.

The best you can do is not talk to these people again. Thy can't collect unless they have a judgment against you. You are protected from debt collectors by the LAW.

http://www.ftc.gov/bcp/edu/pubs/cons...edit/cre27.pdf

Tick

[KimEwing]

Even though I already gave them my information ?

[tickle]

Even though I already gave them my information ?

You gave them that information under duress. That is the way they collect, under durress. Read the website I gave you to know you rights.

Edit: your debt has been sold many times for so many cents on the dollar (from the original creditor who are now out of the picture entirely).

Tick

[Fr_Chuck]

Close that bank account NOW, in the morning, they will take every penny out of it, up to the amount you owe plus a lot of fees and interest.

They are crooks, perhars real debt collectors but they are breaking laws to collect the money.

Don't talk to them again, and never, ever give them bank account info. Close that account ASAP. Next if you ever pay a debt collector, do so by money order.

If they ever say you have to do something THEN, and will not put it in writing, they are lying

[KimEwing]

So given that they have my account information how do I further stop them from debiting my account?

[KimEwing]

So how do I go about resolvin the debt without going through bird party collectors?

[Fr_Chuck]

There is no way to stop them from taking money from that account except closing it, ( and they may have already taken every penny by now)

[KimEwing]

So they contacted me again to reset the payment plan. I refused to do so and asked for documentation of the payment plan and requested validation of the account from the original creditor. I received only an email of the balances.

[KimEwing]

However the manager yelled at me for requesting documentation because he said you can't get the info from he original creditor. He said they cancelled my plan and are sending it to get a judgement. I hung up am I now in a worse situation

[Fr_Chuck]

By law, they are required to contact you in writing as soon as they call you.
They can not yell at you, or threaten you.
Next you don't have a plan, unless it is in writing.

You basically never had a plan with them anyway, and you need to write them demanding all of this, if they go to court, you merely show you requested documentation and they refused.