Answers level
Debt Problems

BOA, did they pull a fast one?

I have 2 accounts with BOA 1 for 30k and 1 for 5k.
Both are behind and after being late for 5 months I talked with a senior rep who offered a settlement 10k on both accounts, I could not do that so they said they would take $550 a month until things get better. But I got a letter from a attorney that my 5k acocunt charged off and they are handleniig it.

What should I do

Asked on Tue, 05/10/2011 - 15:44
rj
2 Answers

Vote up!
22
Vote down!
-20

first thing i would do, look at the date on the letter from atty, and the date you spoke to boa, see which is the latter. if you spoke to boa after the date on the letter, call boa & question that letter, attorney, etc. and take it from there.

Answered on Thu, 05/19/2011 - 17:57
generallee

Vote up!
24
Vote down!
-22

First I would call BOA and double check that have in fact sent the account to the attorney.

Creditors can send you to collections at anytime ....

How to Deal with Illegal Loans..OhioGal's Primer
http://www.debtconsolidationcare.com/paydayloan/dealingwith-illegallenders.html
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.

SOL for all states
http://www.debtconsolidationcare.com/statute-of-limitation.html
Answered on Thu, 05/19/2011 - 17:57
SOAPLADY

Write Your Answer

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
What is the sum of 7 and 0


About Us | Contact Us | Privacy Policy

Copyright © 2018 DebtConsolidationCare | 301 W. 11th Street Unit E, Reno, NV, 89503, United States
Inter Next Technologies, Inc., Internet Marketing Services, Reno, NV

* Disclosures:

  • By signing up for counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
  • Some creditors and collection agencies refuse to lower the pay off amount, interest rate, and fees owed by the consumer.
  • Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
  • Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
  • The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.

Page loaded in 0.164 seconds.