Enhanced Recovery Corporation - Wells Fargo

[IamOld]

Iamold, In my not-so-humble opinion I believe that a DV is simply that, a request for verification of the debt. I don't think a CA/OC/JDB makes a decision to file suit based on a request for DV or a cease-and-desist communication letter. That would be a really shitty business model. On the other hand, I have only opinions (and experience.) Eventually, I would assume you will be sued. If you go with that scenario and factor in wage garnishment, non-exempt assets, etc, only you know your comfort zone. If you can't deal with garnishment, seizure of personal or real assets, then file for BK.

ERC seems to play by the rules. I think if they know that you know your rights, they will not necessarily be aggressive. If you received a dunning letter, why call them? Just send them a DV request.

Thank you Treehugger! I'm under no illusion that eventually someone will sue...like Zwicker and Assoc. ERC hasn't sent me anything by mail - yet (at least as of yesterday's mail) - the plan is that I have to hold out at least until Sept before I can file.

I cannot do garnishment - a) I cannot live on what's left over, and one of the kids - who has a job but isn't 18 yet - b) has his bank acct and I'm on the same bank acct. Plus his little car - worth maybe $700 is in both of our names...

I'm doing DV letter to Zwicker early next week...

I'm deeply thankful to you and everyone.