I just hung up with Ali from American Express. He called and stated he was from American Express and he would like to make me a settlement offer. He offered to settle an 18K balance for 8K. I was very polite, told him I was not in a position to accept the settlement offer and then gave him my lawyer info.
He asked if we were filing BK, I said that we were very sad about it, but yes we were. He then told me, and this is the part I can't believe, that he wanted me to be aware that IF (he stressed this word hard) my bankruptcy would be approved, that I would be required to pay every person on my credit report at least ten percent of what I owed. He went on to say I am prepared to offer you a much lower settlement than the one I previously offered and you would be much better off settling than trying to file BK.
At this point, I said that's very interesting. I am also turning on my recorder because I want to make sure that I understand what you are trying to say.
I am not aware of this, can you explain. He says, what do you mean. I say, the part about being required to pay everyone I owe a certain percent. He says, well that's what I thought. I told him that's not what you said, don't you think if you work for a collection agency, you should be sure of what you tell people?
He then says, well we have your lawyer's information, we'll be contacting him. I tell him, I think you should discuss the FDCPA guidelines with him while you have him on the phone so that he can explain the 1000.00 penalty each time you threaten someone. Then I asked him for his employee ID number. He refused to give it to me.
Then he hung up on me. At no time was I rude, loud or angry. I spoke to him in a calm and reasonable voice.
So how bad does he suck? These people are horrible. I understand if it's your job, but don't lie to people to coerce them into an agreement that they won't be able to follow through on.
Any thoughts?
He asked if we were filing BK, I said that we were very sad about it, but yes we were. He then told me, and this is the part I can't believe, that he wanted me to be aware that IF (he stressed this word hard) my bankruptcy would be approved, that I would be required to pay every person on my credit report at least ten percent of what I owed. He went on to say I am prepared to offer you a much lower settlement than the one I previously offered and you would be much better off settling than trying to file BK.
At this point, I said that's very interesting. I am also turning on my recorder because I want to make sure that I understand what you are trying to say.
I am not aware of this, can you explain. He says, what do you mean. I say, the part about being required to pay everyone I owe a certain percent. He says, well that's what I thought. I told him that's not what you said, don't you think if you work for a collection agency, you should be sure of what you tell people?
He then says, well we have your lawyer's information, we'll be contacting him. I tell him, I think you should discuss the FDCPA guidelines with him while you have him on the phone so that he can explain the 1000.00 penalty each time you threaten someone. Then I asked him for his employee ID number. He refused to give it to me.
Then he hung up on me. At no time was I rude, loud or angry. I spoke to him in a calm and reasonable voice.
So how bad does he suck? These people are horrible. I understand if it's your job, but don't lie to people to coerce them into an agreement that they won't be able to follow through on.
Any thoughts?
NO ASSET
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