I'm filing Chapter 7 as soon as I get over the cold I've had and can look through everything again before giving it to my bankruptcy attorney.
I'll be getting my attorney's advice on this as well, but wanted to see what everyone's opinions on this board was on TeleCheck so I could talk with my attorney with more knowledge than I have at the moment.
I just received a settlement offer from TRS Recovery Services, Inc, who claims to be TeleCheck. I had a bank account overdrafted and closed in Oct 2006 with a balance of about $90. They are offering to accept a 65% settlement of about $58.
The letter states "TRS will consider this matter to be settled and will remove any negative infomration regarding the above referenced debt contained in its National Computer Files."
I don't have any checking accounts open at the moment, to be able to just ignore TeleCheck.
Question 1 - If I pay/settle with TRS, do they really remove the entry from their database -- so when I apply for checking accounts in the future, they'll OK it?
Question 2 - Anybody get TRS to accept less than 65%, instead of getting nothing through a bankruptcy? I haven't tried counteroffering them yet.
Question 3 - If I include the debt in my Chapter 7 filing, I assume they might give me problems trying to open checking accounts in the future - even though they can't try to collect. Am I right? Is it worth paying the $58 to get out of their database?
I'll be getting my attorney's advice on this as well, but wanted to see what everyone's opinions on this board was on TeleCheck so I could talk with my attorney with more knowledge than I have at the moment.
I just received a settlement offer from TRS Recovery Services, Inc, who claims to be TeleCheck. I had a bank account overdrafted and closed in Oct 2006 with a balance of about $90. They are offering to accept a 65% settlement of about $58.
The letter states "TRS will consider this matter to be settled and will remove any negative infomration regarding the above referenced debt contained in its National Computer Files."
I don't have any checking accounts open at the moment, to be able to just ignore TeleCheck.
Question 1 - If I pay/settle with TRS, do they really remove the entry from their database -- so when I apply for checking accounts in the future, they'll OK it?
Question 2 - Anybody get TRS to accept less than 65%, instead of getting nothing through a bankruptcy? I haven't tried counteroffering them yet.
Question 3 - If I include the debt in my Chapter 7 filing, I assume they might give me problems trying to open checking accounts in the future - even though they can't try to collect. Am I right? Is it worth paying the $58 to get out of their database?
Comment