by Xche23X » Fri Dec 04, 2009 04:17:27 PM
I just received a letter from the above law firm about a capital one debt. I have on several occassions attempted to make payment arangements with the collection agency that used to have it to no avail. They were not willing to make arrangements but rather for me to make the full payment. Not being in a position to do that I didn't.
Now this letter is telling me that in addition to the original debt, the $1.35 per day interest I now have to pay $350 for legal fees and if I do not 'settle' in the next 10 days they will proceed with legal action. The letter goes on to say that if their client decides to obtain judgement that I may find a bailiff show up at my door, my assets disposed of and my bank or employer may be served with a Garnishee Summons.
Has anyone had any experience with this law firm or this sort of letter? Is it legit? Do I have to pay this $350 they are telling me I owe them?
Help?