Mon, 07/21/2008 04:18
I could use some advice. I just sent out a DV letter to Creditors Interchange. They are the second company that LVNV has assigned collection to. The first company stopped contacting me after I requested validation of the debt.
The debt is BoA. The original amount was a little over 5K when they sold it in july 07. Now LVNV wants 7100 and they refuse to tell me how they reached this number.
My plan is to buy some time, save a little money and offer a settlement. Any advice on this idea?
However, I would need about 4-5 months to save some money. They may sue before then - who knows. However, i live in PA so at least they can't garnish my wages. I have no assets for them to take.