"Pay for Delete"

[Desperate283]

First, your site is great.
Do I have any recourse if I send a "Pay for delete" leter, it is signed and returned, I pay the agreed amount, but the collection company fails to remove the negative information for the 3 credit reports.
Thanks again.

[Trish]

I would "kindly" remind them (even send them a copy of the letter) that they have agreed to said agreement and maybe "hint" that if they do not follow through with their promise that you will be seeking legal counsel and filing complaints/charges against them..

Look around for ITS letters......and modify them to fit your situation. They signed a written contract and they are bound to that.

And dispute. You can even send a dispute (via CM of course) along with a copy of that letter stating it is to be removed from your reports.

[Desperate283]

Thanks again for your responce.
I previously found the great list of definitions you prepare, but can't locate in now.
The FOAD letter, is that something the individual prepares on their own?
What is a "dv" leter, and a ITS letter? Sorry, but I'm a newbe.

[Trish]

Here's the acronym thread:
Credit Repair Acronyms/Terminology

And then also a sample of a FOAD letter... it was one of the best ones floating around.
You could always draft one up yourself.... you just basically let them know that you are aware that is it past the collection SOL and demand them to stop ALL collection activity and communication. Pretty much the same thing as a full C&D.... just with a little more heat behind it. lol