Wells Fargo leaves me message about irreversible decision

[IamOld]

Here's another classic from youtube: philips & cohen

LOL!!!!

Hey - he has a SECRETARY??? NO ONE has a secretary any more!?!

[IamOld]

I do keep them!! Good grief I haven't a cent to send them haven't since Feb....again, hopefully filing in Sept!

Yeah, with all the bailout billions they received, they really NEED your $892. Bwahahahaha ahahahaha ahahahaha ahah ha! Thanks for the chuckle!

Seriously, with more than $7k in debt--which is probably increasing by $400 or so each month due to interest--you might as well cut your losses and quit paying now. It's not as if the $892 figure is the full amount owed--it's just the minimum payment to keep the account from charging off.

As a side note, the advice to discard dunning letters, threatening letters, etc. is stupid. You should get a shoebox and file away all those documents, because in the future they may be necessary for a bankruptcy filing or to establish SOL for credit reporting purposes or in case of a creditor lawsuit years down the road.

[catleg]

I have enough collections letters to keep the outhouse supplied at a survivalist retreat for months. Just be sure to pull out the staples first.

[IamOld]

Hello all (especially Catleg and Frogger!) received new message from WF on my googlevoice #:
"We do need to hear back by the 30th to get this matter resolved. Otherwise at that point we will be taking further actions. My direct number is (800) 500-6130"

Wait - I thought the irreversible decision has been made. I guess not. So I expect nasty letter from WF lawyer early july. Ironically, hopefully a debt collector or two first.

[sunshinepa]

See, I told you they were not quite done yet. So you get to 30th, weekend coming, will be a week or two before you hear anymore from them.

Keep us posted, you will get there!!

[IamOld]

Thanks Sunshinepa!! And will do!!

[catleg]

That message is dumb, it implies no action until the 30th.
When will you be 180 days late?
That when it gets serious.

[IamOld]

Hi I'm about 150 DAys late....

[catleg]

You might ask them when will the account charge off? That's when they get serious.
Usually they can tell you right from their computer screen what # of days you're at.
And you can always ask to enter a re-age program to beg them off for a while, at some cost.

[IamOld]

Thank you!!!!!!!!!! catleg - thing is, I'm trying to "buy off" my local credit union...I just don't have any $$ for WF, but...it may be worth a whiney phone call :-)

[catleg]

I may have misspoke a bit, probably re-age programs are for accounts still open, less than 90 days late. Usually post 90 days the account is closed and in the "recovery" process, so they wouldn't want to re-open, but hey you never know.

[IamOld]

THanks! I don't know...if I want to talk to them - I haven't any money to give them!!!

[IamOld]

I guess I'm adding to this thread because it's my "saga" of collections....

...I like you all's responses (this isn't then WF but Cap One)...BUT I've received another letter from CapOne/NCO - that this my FINAL "pre-legal" notice - no more offers from Linda, Emily, etc - just pay $648 or else. Period.

Holding my breath till Sept. :-)

I take it this doesn't need a response...

[catleg]

Keep them talking. Tell them you're expecting a check from someone on July 31 or August 1. Until then you have nothing. If they can't wait, then it's their fault, you tried. :-)

[IamOld]

As usual, Catleg, I love it!