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NCO Financial Systems purchased account from another agency





Sub: NCO Financial Systems purchased account from another agency
Fri, 11/05/2007 13:01

NCO Financial Systems bought my account from another agency, Zakheim & Associates. I had about $470 left to pay Zakheim & Assoc., but they said they closed my file and told me to call NCO. So I did and ignorantly set up automated payments to be taken out my bank account. Well the first payment of $55 + $5 convienence fee was taken out a couple days ago. After reading all these forums, I decided to place a "stop check payment" on the upcoming ones for June and July. Was that the right move? Now I'm deciding to send them a letter of debt validation. Would that be a good thing to do considering I already made a payment to them?
Any advice or suggestions would be greatly appreciated!



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Howard
Howard
Posts: 305
Credits: 10419.95

Sub: #1 If you find out that NCO didn't have your legit information, disFri, 05/11/2007 - 13:01



If you find out that NCO didn't have your legit information, dispute their debit and get your money back, and if needed press legal actions for doing unauthorized debit on your account.


cajunbulldog
cajunbulldog

Posts: 4785
Credits: 42349.15

Sub: #2 Validation won't hurt.I recommend it on any collection to make sFri, 05/11/2007 - 11:14



Validation won't hurt.I recommend it on any collection to make sure collector has all their stuff in order.

Cajunbulldog
Keeping an eye out for consumers.
http://www.ftc.gov/os/statutes/fdcpa/fdcpact.htm#809
http://www.ftc.gov/os/statutes/fcrajump.shtm
http://www.debtconsolidationcare.com.../about216.html
Use this letter to protect your rights under the FDCPA
myfairdebt.com & myfaircredit.com-Good source of case law in forums.


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