Re: settlement questions for ladynred

Posted by TX resident (66.139.2.117) on April 25, 2003 at 15:53:36:

In Reply to: Re: settlement questions for ladynred posted by LadynRed on April 25, 2003 at 12:40:01:

They sent me a letter saying that upon receipt of my payment that we agreed on, the account will be settled in full. In the letter it stated that they would report anything over $600 to the IRS, but told me verbally that they can't! The company that owns them can, but never has. It's Enhanced Recovery Corp., owned by another company that actually bought the paper from MBNA. He says that when they get my payment, it's over and they can't sell the balance. What do you think?

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