#DebtValidation #DebtCollection #OriginalCreditor
Understanding the Situation
If you find yourself in a situation where you have requested debt validation from a debt collector, only to later receive notification from the original creditor that the debt was sent to collections in error, you may understandably have a lot of questions and concerns. Let’s break down the scenario and explore your next steps.
The Background Story
A few years back, you took out a personal loan from Happy Money during a tough financial period. Due to missed payments, the loan was eventually labeled as “charged-off” with an agreement to pay a reduced amount. Unfortunately, communication and payment processes with the loan company became challenging and eventually, you ceased payments altogether.
The Current Dilemma
Recently, Halsted Financial, a debt collection agency, contacted you claiming to handle your debt. After sending a debt validation letter and receiving no response, you were surprised to hear from Happy Money that the debt transfer to collections was an error on their part. Now, you are left wondering about the next steps to take in this confusing situation.
Key Questions and Concerns
– Why did the original creditor mistakenly send the debt to collections?
– Is there a possibility that your debt was lost or mishandled in this process?
– How should you proceed now that the original creditor is asking you to continue making payments to them?
Advice Moving Forward
– Reach out to both Halsted Financial and Happy Money for clarification on the situation.
– Request detailed documentation regarding the debt transfer and validation from both parties.
– Consider seeking legal advice or financial counseling to understand your rights and options in this matter.
In conclusion, dealing with debt collection issues can be overwhelming, especially when faced with conflicting information from multiple sources. It is essential to stay informed, ask questions, and seek appropriate guidance to navigate through such situations effectively. Stay proactive in resolving the matter and ensure that your rights as a consumer are protected throughout the process.
Call. Be nice. Ask for clarification. Ask for clarification in writing. Tell them that they made prior agreements, they messed up and caused me a lot of stress and issues due to their issue.
Give them an offer that you can afford easily. Have them agree and put it in writing. If you’ve not paid in a year, you might can convince them that they agreed to zero it out last year.
Make notes before you call.
Consider an attorney.