Re: Sending a Credit Card To Collections? Computerguy?

Posted by computerguy (204.180.131.3) on July 15, 2004 at 11:27:56:

In Reply to: Re: Sending a Credit Card To Collections? Computerguy? posted by anon on July 15, 2004 at 09:42:28:

Here's the basic context of the Contract. You accept their presentment and return the offer with a counter offer in the form of the below letter. Keep in mind the Certified Number you see on the below will be different than the one you type. You always send a postal money order and you always deduct the amount of the money order from the balance to leave the new balance. If they cash the money order and you receive no presentment back rejecting your offer then you have a new contract. By doing it this way you have just alleviated the Interest and the charges and will pay every month against the balance that was left on your previous presentment. Never miss a payment and always pay on time. They will not be able to prove in a civil claim they did not have a new contract. Remember, always keep a copy of all presentments and money order payments. You now are in control of the contract and they will not be able to control you.

CERTIFIED MAIL 7002 3150 0001 2859 1055

From: (Date of this letter)
(Your Name here)
Without prejudice
c/o: (Your Address Here)
(Your City, Your State) [85718]

To:
(Name of CA Here)
(CA Address)
(CA City, CA State) zip

Reference #: (Alleged Account Number here)
Amount: (Alleged Amount on their Collection letter

To Whom It May Concern:

Your offer (enclosed) dated (date of their letter) is accepted for value and returned for value.

(Your Name here) accepts the (Alleged Amount here) balance due as the current balance due for (Current Month). Enclosed please find a $25.00 money order for (Current Month) payment leaving a (Alleged Amount minus the amount of your money order) balance due for (Next Month)

Sincerely,

(Your Name Here)

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