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Re: Can't post on this month..Please answer this for me, whychat, lady, keysor


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Posted by LadynRed (199.91.33.254) on April 25, 2003 at 14:56:47:

In Reply to: Re: Can't post on this month..Please answer this for me, whychat, lady, keysor posted by ikya on April 25, 2003 at 13:35:00:

I don't disagree with you in the least, it SHOULD be binding. However, I see a couple of possible problems.

1 - As Kevin noted, CA's are not all honest and will lie to get money to make their quotas and some share of the commission.

2 - If you get a signed letter from a CA that says they won't re-sell the balance, WHO'S signature do you actually have ? DOES the person at the collection agency who signed that settlment letter actually have the AUTHORITY to bind the company to the no-resell stipulation ?

3 - How can you be sure that the name and signature on that letter are even REAL ?? CA reps use aliases ALL the time. You can bet the name they collector gives you is NOT his or her real name. Signing a fictitious name won't bind anyone to anything as far as I know.

Lastly, I've seen over and over the stories of people who have signed settlement letters from a CA where they agreed not to re-sell the balance. 3 or 4 months, a year later, along comes another CA wanting the remaining balance from the SAME account PLUS more tacked-on fees.

So, while I agree with you, it should be binding, they seldom are or may not be.




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