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Nelson Watson and Associates - Are they a good company to deal with?

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Nelson Watson and Associates LLC is a pre-legal collection agency which claims to resolve debts out of the court in a professional manner. Many consumers have expressed their views about this company and have made certain complaints against them in the DebtCC forums.

What are the Nelson Watson and Associates complaints?

Unlike many other collection agencies, Nelson Watson & Associates has a good BBB rating. But consumers who have dealt with this company do have certain complaints against them. Given below are some of the reasons why some people think they are not a good company to deal with:

In case you need to contact Nelson Watson & Associates regarding a debt they want to collect from you, the following details can be helpful:


Nelson Watson & Associates address:


80, Merrimack Street (Lower Level),
Haverhill, MA 01830


Phone number: (978) 416-2100


Fax number: (978) 469-9046



Sub: Nelson Watson and Associates - Are they a good company to deal with?
Mon, 21/03/2011 20:30

any one had to deal with them????

apparently they have my old capital one account that they say is at about 7K. The credit limit was onlu 4k.

Any suggestion on how to settle with them????



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Sub: #1 Capital One doesn't sell debt. SorryMon, 03/21/2011 - 20:30



Capital One doesn't sell debt. Sorry


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Sub: #2 they don't get to choose how much you get to settle and account Sun, 03/20/2011 - 13:43



they don't get to choose how much you get to settle and account for. Capital One give them the criteria and they cannot override what Capital One has said. At this point you are no longer considered a consumer, you are in a pre-lit office and are not going to be treated with customer service.


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Sub: #3 ur 7k debt as opposed to the 4k which was ur limitThu, 01/27/2011 - 16:55



i don't work for them but owe lots of debt myself,, the only thing i can tell you is dispute the bill. all that means is they will send u the contract u signed when u got the card,,. unfortunately it IS possible to owe 7k as opposed to 4k because interest builds on top of over limit fees late fees and whatever fees capital one decides to smack you with. nelson watson cant add to ur debt no collector can. so it sounds like fees from the credit card company. :( u have no choice but to pay it unfortunately,, happened to me. sux


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Sub: #4 Just cause its a collection agency DOES NOT mean its legitimate.Wed, 09/22/2010 - 05:48



Just cause its a collection agency DOES NOT mean its legitimate. Just cause they are licensed in one state DOES NOT mean its licensed to collect in others. ANY company that treats people the way this one does is not legit. Most licensed agencies are SCAMS. Buy a debt of $3000 for $30 and sues you for $5000, that is a scam, plain and simple!


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Sub: #5 listen folks.... if you owe money pay it... if you dont then donTue, 09/21/2010 - 19:23



listen folks.... if you owe money pay it... if you dont then dont pay it. ie. if i lend you 400 dollars and you tell me... hey ill pay you next week. Then i tell you ok, but if you dont, you owe me 5 dollars extra evry week until its paid back in full. Then, lets say you have a hardship, and takes you 6 months to pay me back. Am i wrong for wanting the whole thing back. You agreed to the terms when you took the money. Right? Forget about SOL. Its about your responsibility as an adult. Its not "lets make a deal." And yes I realize that its probably a major credit card that is owed and that company probably has millions of dollars and you dont. Still the money is owed. Pay it and move on with life. Just a thought. Nelson Watson is a licensed collection agency. I have looked them up. You cannot be licensed and be a scam. If someone there breaks the law. Bag em. Be educated before you call them in case they slip up. More than likely its few and far between, and what you see on the internet is people taking the low road and bashing a company that in reality probably isn't that bad. NO one likes a bill collector.


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Sub: #6 when you call nelson watson and assoc ask if they purchased any Wed, 03/24/2010 - 22:20



when you call nelson watson and assoc ask if they purchased any debt from cap one
i bet the answer is no resurgent purchases debt, the office services cap one accounts


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Sub: #7 Quote:Originally Posted by Anonymouseg. You're sitting in a restWed, 03/24/2010 - 22:17



Quote:
Originally Posted by Anonymous
eg. You're sitting in a restaurant and your bill comes. Turns out you don't have the money to pay for it. Bummer...
Out of nowhere I come up to your table and say "I paid for that meal."
What is your obligation to me? What was our original agreement?
Let's turn it around: I'm sitting at the table and you come up and say, "I paid for that meal."
Of course, I will politely reply, "Thanks."
End of story.
You cannot impose obligation on me. It has to be with my knowledge and consent.
imho, debt collection and fraud go hand in hand.
Debt collectors buy the debt from the original creditor at a discount. What does this mean? It means that the debt to your creditor has been PAID. It appears that they then use tactics that are questionable at best to get you to agree to an obligation to them.
I'll post a SAMPLE REPLY LETTER for entertainment, educational, and informational purposes only and not to be viewed as legal advice.


your an idiot not all debt is purchased...


paulmergel
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Sub: #8 Quote:Originally Posted by AnonymousBe careful. This collection Tue, 03/16/2010 - 14:01



Quote:
Originally Posted by Anonymous
Be careful. This collection agencyowns the debt now, NOT Capital One. This agency buys debts for about 18 cents or less on the dollar. They will still be making well off and they keep the money, Not Capital One. Capital One sells their debts for a fraction of the cost to clear their books on bad charged off debt and this collection company profits by inflating the debt (which is illegal per FDCPA). Anyone dealing with collection agencies be forewarned...CAs make the money, not the original creditor. They will say they are contacting Capital One or the OC and they are in fact not. Also be aware that SOL is only for reporting to credit reports. They can and sometimes due try to collect (by law is ok to) for as long as they want. they just cannot report it after so many years (varies by states).


good info,except once the SOL has passed(and it's different for each state and kind of debt)and often is shorter than the 7.5 yr reporting window.once that lapses it's the persons choice whether to pay or not.if a creditor tries to sue on a time barred debt,they can be sued by the person.they can try to collect,but a complete C&D letter does the trick as any attmept to collect after that gets the collector sued.again good info except the last part.

giving hope to the hopeless,help to the helpless,and hap to the hapless.


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Sub: #9 Be careful. This collection agencyowns the debt now, NOT CapitaTue, 03/16/2010 - 13:46



Be careful. This collection agencyowns the debt now, NOT Capital One. This agency buys debts for about 18 cents or less on the dollar. They will still be making well off and they keep the money, Not Capital One. Capital One sells their debts for a fraction of the cost to clear their books on bad charged off debt and this collection company profits by inflating the debt (which is illegal per FDCPA). Anyone dealing with collection agencies be forewarned...CAs make the money, not the original creditor. They will say they are contacting Capital One or the OC and they are in fact not. Also be aware that SOL is only for reporting to credit reports. They can and sometimes due try to collect (by law is ok to) for as long as they want. they just cannot report it after so many years (varies by states).


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Sub: #10 yes they are pulling your chain.... they never call capital one,Wed, 03/10/2010 - 20:08



yes they are pulling your chain.... they never call capital one, its all done while your on hold, they pretend to call. nelson & watson come up with the prices themselves


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