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My first question is Does the Discover Card logo mean Maestro is accepted there? Looking forward for any answer or 2. Second question.. Hi all - happy new year!. |
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You betcha! but... you might wanna make sure and wait for someone else here to confirm it as I am not very confident. Better yet, why don't you email the Discover Card guys because they can answer your Discover Card question better...
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Yeah, that's my concern too. By my standards it's very substantial. I've never received a notice from the CA, but I doubt they have the correct address to send it to anyways. I'm really not sure when this went to collections. I don't have any paperwork on this at all, so the only info I have is just whats listed on the report..
Thanks for the response!.. |
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You can reasonably expect that notices went to the address on record with the lender and/or what was on the registration. That is what would be required. If you did not update either the registration agencies or the lender with a current address, then a Court would find that you failed to mitigate your prospective damages..
As to the vehicle itself, if it was not paid in a timely manner, then there is no reason WHY it could not have charged off. The note likely has no escape clause that allowed you to stop payment simply because the vehicle died (no matter where it decided to quit running).... Further, in this instance, it sounds as though the other notice was associated with the storage lot. The deficiency notice goes to the address associated with the registration in most areas (I have bought MANY vehicles at storage sale and can attest to the fact that the auction rarely gets a final bid that covered the accumulated costs of the tow plus 30+ days of storage). The last owner is then on the hook for the balance due and owing at that point in time...you can probably expect to see a collection effort made at some point in time for THAT balance as well... |
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My way of handling things seems to ruffle too many feathers around here....
I would, however, remind you that there are unforeseen consequences here of which you need to be aware... |
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I personally would try to hide and stay under the radar until a) the SOL expires, B ) My financial situation improved to the point that it wasn't an issue, or c) it looked like they would sue me and force my hand..
I remember some friends of mine talking to me about the guy who got mauled by crawling into the tiger cage at the zoo a few years ago...One person said something like "well the zoo shouldn't have allowed him to get in there in the first place". My other friend said " your right...If they want to keep people out they should do something like...I dont know...put bars up and maybe put some sort of a dangerous wild animal inside the cage." I laughed.. Each time I see a thread regarding trying to fight an in-SOL debt that an OP cannot afford to pay, that conversation pops into my head.. This post has been edited by. Jtoast. : 06 January 2010 - 11:58 AM.. |
