by JustGord » Tue Sep 29, 2009 08:07:16 AM
Once again, need your advices Guys & Gals.
So the end result of this was that Acktiv rejected my settlement. I sent my Notice of Assessment and as I expected, they came down hard on me, I requested their forms to prove my expenses and sent back to them with actual copies of bills and they rejected it. So I told the guy I was dealing with on the phone, there was nothing I could do further than the 30% settlement, based on that was all of the money i was able to borrow from freinds, family and even (ashamed to say) my church.
So that ended that, I gave the money I had borrowed back and I am back to where I started. a couple months passed and the guy contacts me again - wants to do the 30% settlement. I told him no, I cant do it, the 30% a few months earlier was based on what I had to scrap and borrow and I was not going to go through it again, that he had his chance and for whatever reason rejected it and I had enough, I told him I was unable to pay, and he has the documentation regarding my income & expenses to prove it.
So he still calls and we arent budging, nothing has changed, I am just buying time for this to be off of my record.
Then I pulled up my credit report today. And as I spoke earlier, this debt was on there twice, once with CitiFinancial (Opened 02/01/2003) and again with the collection agency Aktivcaptial Opened 07/04/2005). Except that the debt from CitiFinancial has been removed from my report. I am assuming this is based on the 6 year Statute, that it was removed after 02/01/2009.
My question is, is the collection agency's report viable? Doesnt it link to the original debt? I am preparing a letter to Equifax in regards to this but I wanted to get some advice from the money advisor community first.