My question involves collection proceedings in the State of: FLORIDA
Here is my settlement letter. I would like advice as to whether there are ANY possible problems with it.
In a couple of days I will go for my appointment with a Bar referral Consumer Contract attorney (for $25).
(I am also wondering if the transfer from credit card bank to collection agent/attorney, back to credit card company, back to (another) collection agency, etc… will cause an issue with using this letter)
This is the first time I am seeing either of the names “ABC Recovery Service” or “XYZ Capital Services”
I am going to try to call the bank of the original credit card account and see if they have XYZ or ABC listed as the entity that the debt was “transferred” to.
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ABC Recovery Service
Street Address
City, State
(123) 456-7891
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May 8, 2008
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My Name
My Address
City, State
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Client: XYZ Capital Services, LP
C/O: JKL Bank
Original Account # 4321123443211234
Original Balance: $24,600.00
Current Balance: $26,100.00
ABC Recovery Service Account # ________
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SETTLEMENT OFFER
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Dear My Name:
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ABC Recovery Service, Inc. acting as agent for XYZ Capital Services, LP Will agree to the following terms for settlement of your account. We have received approval from our client to accept $7,956.55, via certified funds payable to ABC Recovery Services, Inc. to be sent for receipt no later than, May __, 2008, by 12 noon EST. You may choose one of the following methods of payment:
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* If using Money Gram, you will use the blue Money Gram Express Payment form. The receive code is 3531. Please make payable to ABC Recovery Service, City, FL. You will need to include your reference number XXXXXXXXXXXXXX in the appropriate section on the form. Once you have made payment, if using Money Gram, you will need to call me back with the Reference Number that the Money Gram agent will give you so funds can be applied to your account.
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* Wire funds to ABC Recovery Services, Inc. in care of BAY BANK, Main Street, Bradenton, FL 33613. Our account information is as follows: ABA Routing Number XXXXXXX Account Number XXXXXXX. Please fax a copy of the wire transaction to me at (123) 456-7890 once the transaction has been completed.
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* You may send a money order or bank check overnight mail or Federal Express to us a ABC Recovery Service, 123 Broadway, Dunedin, FL 94609. Please call me with the tracking number for your express package.
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* If using Western Union Quick Collect, you will need to use the blue and white form. Please make payable to ABC Recovery Service. You will need to include your reference number XXXXXXXX in the appropriate section on the Quick Collect form. The Code City for Western Union is ABCCBA. Code State is FL. Once you have made payment, if using a Western Union, you will need to call me with the Money Transfer Control Number so funds can be applied to your account.
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If funds, described above are not received on the date specified on the above-mentioned account, the settlement agreement will become null and void. Upon successful completion of this agreement, there will be no further obligation on your part for this debt to either, ABC Recovery Service, or XYZ Capital Services, LP. Upon completion of this transacation, all collction activity will cease on this account and the client will be notified to update the settled status to the appropriate credit reporting agencies. Should you have any questions, feel free to contact us at the above mentioned telephone number.
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Sincerely,
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Rex Robinson
Recovery Specialist
ABC Recovery Service
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Protocol Recovery Service is acting in the capacity of a “Debt Collector” in this matter. This communication is an attempt to collect a debt. Any information obtained will be used for that purpose.

