Bass and Associates
Posted: Thu Dec 27, 2012 2:19 pm
Every once and a while I get these letters from a secured creditor on a consumer electronics claim, or other similar item (recently on a mattress of all things, which cannot lawfully be resold). I usually ask them to prove that my client signed a document granting a security interest. In the occasional instance when they actually have such a document, after consulting with my client, I usually tell the creditor to make arrangements directly with the client to come to the clients house at a pre-scheduled time, and pick up the merchandise. No creditor has ever done that. I simply never hear from them again. (As other cdcbaa members have or will point out, you can also almost always make a deal for cents on the dollar)
Every once and a while
I get these letters from a secured creditor on a consumer electronics claim, or
other similar item (recently on a mattress of all things, which cannot lawfully
be resold). I usually ask them to prove that my client signed a document
granting a security interest. In the occasional instance when they
actually have such a document, after consulting with my client, I usually tell
the creditor to make arrangements directly with the client to come to the
clients house at a pre-scheduled time, and pick up the merchandise. No
creditor has ever done that. I simply never hear from them
again. (As other cdcbaa members have or will point out, you can alsoalmost always make a deal for cents on the
dollar)
The post was migrated from Yahoo.