Company in question is "Debt Recovery Solutions, LLC" They sent me a letter with a balance they say i owe from verizon. I havnt personally had verizon since 2012. The balance shown has a discount offer to settle for a discounted rate. After researching I found nothing but complaints saying that if you pay you never get proof, they destroy your credit score, and can not give you accurate documents proving debt. I wish to know if i pay this "discounted rate" will it go away legitimately as it says "this account will be considered closed after discount amount paid" or am i getting scammed? Can debt from a bill in the state of rhode island be collected on still after 5 years? I am currently living in MA.
Yes, the bill can still be collected. Debt settlement is a scam. However, if you have not paid Verizon since 2012, you are still obligated to pay the debt. Depending on your overall financial situation, Bankruptcy may be right for you. An experienced MA Bankruptcy attorney will be able to determine which type of Bankruptcy is the correct one for you. Use AVVO's Find a Lawyer tool to select a qualified attorney. Good luck. THIS IS NOT LEGAL ADVICE! YOU NEED TO SPEAK TO AN ATTORNEY WHO IS LICENSED IN YOUR STATE FOR LEGAL ADVICE. This is merely suggestions for you to think about in discussing your situation with the local attorney.
If you found this Answer helpful, please mark it as "Best Answer" Please be advised that the answer above is only general in nature cannot be construed as legal advice, given that not enough facts are known. It is your responsibility to retain a lawyer to analyze the facts specific to your particular situation in order to give you specific advice. Specific answers will require cognizance of all pertinent facts about your case. Any answers offered on Avvo are of a general nature only, and are not meant to create an attorney-client relationship.
Do NOT give any of your personal information to these people. Check your credit report to see if the debt is even being reported. Negative information can be reported on your credit for 7 years from the date of last activity. So if it is on there, it will come off in 2 years. Contact a local bankruptcy attorney and schedule a consultation to review your situation. You can search for an attorney using the Avvo "Find a Lawyer" link at the top of this page.
Nels Hansen is a bankruptcy lawyer in Round Rock Texas and accepts clients in Austin, Georgetown and Pflugerville. We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code and have done so proudly since 1996. The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Answers provided are for general discussion only and are not to be considered legal advice and they do not create an attorney-client relationship.
If you are contacted by someone about a debt, do not give out any personal information (account numbers, social security number, etc.) until you first:
Request verification of a disputed debt in writing.
Check the licensing status with the Massachusetts Division Banks of a debt collector at https://services.oca.state.ma.us/LicenseeLookup/licenseelist.asp, OR the Bar status of an attorney by calling (617) 728-8750.
Then, you should:
Create a paper trail by keeping a record of the date, time and name of the individual contacting you and putting all of your requests and responses in writing.
If you do in fact owe the debt, plan to repay any undisputed obligation and determine a payment plan you can maintain and provide that to the creditor or debt collector in writing.
The information above, can be found at the Massachusetts Division of Consumer Affairs and Business Regulation. Here is the link: http://www.mass.gov/ocabr/banking-and-finance/credit-and-debt/debt-collections/#3
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