Legal Question in Credit and Debt Law in California
My question is a credit debt went to collections back 2006. Original amount in question was $5300. In 2007 I paid them $5000. to settle. Apparently it wasn't they are contacting me again saying that we still owe another $1500. Since 2007 interest has accrued and the amount has gone up to 8 or 9,000 dollars an outrageous amount...they are telling me that if I pay them $3000. today I will recieve an actual letter showing it was settled and closed. Something I should of recieve back in 2007. My credit score is more than 700 this is the only debt that has gone to collections. Not sure what to do any advise?
3 Answers from Attorneys
This is an example of extortionist collection behavior and backfiring of good-faith attempts to settle debts without the protection of the bankruptcy court.
Ask the collection company for a record of the history of all correspondence and payments. Maybe that will show that you paid in full already.
If you don't have any proof they agreed to accept the $5,000 as full and final payment, you have a problem. If you do, provide it to them and if they continue to demand money I'll be happy to sue them for you. If you don't, you may have a statute of limitations defense depending on when you made the $5,000 payment. Feel free to contact me if you would like a no-obligation consultation.
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