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On the subject of CAMCO and this FORUM!


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Posted by phoenix (168.143.113.131) on July 13, 2002 at 22:19:30:

I too was contacted by CAMCO (a nondescript telephone message which I returned) several months ago about an aged debt (10+yrs) plus thousands in interest. Apparently I had missed the corresponding letter previously sent by the agency notifying me about their collection intent. Another was sent, at my insistence since such business cannot and should not be discussed or transacted without sustaining documentation or explanation. The collections manager, of course, preferred my admission of ownership of the debt and a commitment of payment for some “negotiated” amount. Of course, there was a strong-arm inference about legal repercussions, as well. I asked him to please elaborate because we should discuss what he means so that I may understand. We both agreed that there were numerous implications and he did not elaborate further.

Anyway, I immediately set out to research and understand my options as I waited for the letter that was to follow with details of his claim. Over the next several days I searched for answers, visited numerous WEB sites, and read everything I could find on the subject of ‘consumer credit’. And without any doubt, this forum was clearly the largest source, for me anyway. I have not submitted a reply before this, because all of the information I needed could be found. All of the steps I needed to take were explained. And I am thankful not only for the help, but also for the kindred spirit I sense in all who share and try to help others in desperate need. It is a hard thing to be face with having to regain your life all over again. The best part is to find there are others who help along the way.
Thanks!






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