Alegis/Sherman
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Posted by kareninillinois
(24.207.200.33) on January 23, 2004 at 14:11:32:
Today I got a my husband got a letter from Alegis Group/Sherman Acquisition regarding his Sears card. The current balance is $4,179.26. They are indicating that if we don't come up with the full amount that they "will proceed with the appropriate collection activity." What exactly does that mean? As I indicated in a previous posting we are planning to file bankruptcy soon, but I'm afraid that they will act before we can. Would a validation letter be of any use? There is a paragraph at the bottom of this letter about notifying them within 30 days if we dispute the validity of the debt they will "verify". Does verify mean the same thing as validate? Would sending them a validation letter stop them in their tracks? I know we owe this but we cannot afford to pay it. That's why we're planning a bankruptcy. Any info/advice would be appreciated. Thanks.
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