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Re: defaulted on loan


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Posted by Linda on July 25, 2001 at 00:17:14:

In Reply to: defaulted on loan posted by Dorothy on July 24, 2001 at 16:29:28:

I think your only option is to tell her you will give her the money to catch this up if she can get the collection lawyers to let her continue making payments. Everything should be in writing.

I would suggest that she get the name and address of the "lawyers" and check to see if it is really a law firm. Collection agencies will often say or imply that they are attorneys when they are really just collection agencies. If this is the case, they are breaking the Fair Debt Collection Practices Act, and then you could take other steps against them, and probably make them go away.

Linda


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