Paid charge off verified what next?

[mountaindews]

I got my TU dispute back and a paid charge off verified. What do I do next? I just want it to go away! LOL

[jjgross]

Originally Posted by mountaindews

I got my TU dispute back and a paid charge off verified. What do I do next? I just want it to go away! LOL

You can send a letter to the creditor. Ask for everything they have. If they don't respond then send them a letter of admission by silence that they are in violation of many laws.

[malbone60]

Hi JJ,

You said,

"You can send a letter to the creditor. Ask for everything they have. If they don't respond then send them a letter of admission by silence that they are in violation of many laws."


can you elaborate a little on what you are saying here? I am in the same position where I have charge offs verified paid, what letter would I be sending to the CRA's, the verify or remove letter? Is it still the 30 days they have to respond? ( I was able to have a few things resolved and a few removed a few months ago and I am going to repull through myfico.com later this week, I just want to be ready for everything I need to do here )

Now if they dont respond to whichever letter it is I need to send, what is the letter of admission by silence, and exactly what laws are they violating, just my rights under the FCRA?

thanks for everyones help here so far, this place is a great resource

[jjgross]

Originally Posted by malbone60

Hi JJ,

You said,

"You can send a letter to the creditor. Ask for everything they have. If they don't respond then send them a letter of admission by silence that they are in violation of many laws."


can you elaborate a little on what you are saying here? I am in the same position where I have charge offs verified paid, what letter would I be sending to the CRA's, the verify or remove letter? Is it still the 30 days they have to respond? ( I was able to have a few things resolved and a few removed a few months ago and I am going to repull through myfico.com later this week, I just want to be ready for everything I need to do here )

Now if they dont respond to whichever letter it is I need to send, what is the letter of admission by silence, and exactly what laws are they violating, just my rights under the FCRA?

thanks for everyones help here so far, this place is a great resource

1.While paid charge off's are better than non-paid.
2.I would try a couple of goodwill letters to their corp office to have them removed,just laying on a sob story why you couldn't pay at the time and once you got back on your feet you where able to pay your obligation.
3.Send the letter to the creditor.
4.Don't use admission of silence inless as a last resort.Ishould have explained that better.
5.I thihk a letter will have a better chance at this point than a dispute.

[malbone60]

Thank

So what I will do is, pull through myfico.com later this week and get all three reports. I will send a verify or remove letter for any tradelines (if any) that are negative old collection items to experian, TU, and equifax. In stead of disputing each paid charge off, I will send a letter to the actual creditors, correct? So if I send a good faith letter to say Capital One, if they are in a good mood and understand my situation, , , they will tell each CRA to remove the item? (just trying to understand exactly how that one works)

any other input would be appreciated

thanks

[jjgross]

Originally Posted by malbone60

Thank

So what I will do is, pull through myfico.com later this week and get all three reports. I will send a verify or remove letter for any tradelines (if any) that are negative old collection items to experian, TU, and equifax. In stead of disputing each paid charge off, I will send a letter to the actual creditors, correct? So if I send a good faith letter to say Capital One, if they are in a good mood and understand my situation, , , they will tell each CRA to remove the item? (just trying to understand exactly how that one works)

any other input would be appreciated

thanks

The goodwill letter is to get a reaction.I'm currently in hassaling with cap one right now there real pricks about everything there sueing everyone right and left once you get everything back we can hatch a plan to clean it up.Yes they will remove it.Rember this will take time to fix and you win some and lose some.