Do i owe if…?
I just get a notice from some collections agency call Portfolio Recovery Associates in Virginia stating that I owe them $4200 on a debt I supposedly owe to MBNA/ Bank of America within the amount of $1500 from 2003. It stemmed from an account overdraft protection that be put on my account within 2000. The banker that open my college checking account offered the service and I said it sounded okay, he consequently said that I would receive some paper work that I needed to sign surrounded by order for that service to instigate. I got the contract and looked it over and did not sign or return it. I remember not paying the charges because I never signed a contract dictum that I would accept. Do I owe and if so, why. What are my possible defenses?
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September 9th, 2011 at 2:35 am
If you didn’t sign anything then you are not responsible for this.. I agree near another answerer ask them to send you the contract that signed you up for this.. I would also expect about shifting banks. If they did this to you what else are they doing?
September 9th, 2011 at 2:35 am
Was the overdraft protection a condition of the contract? In some cases, simply accepting the consignments of the other bash can constitute good confidence acceptance of the contract.
September 9th, 2011 at 2:35 am
Ask them to dispatch you a copy of the contract you signed for this money. If you didn’t sign anything, then they will provide you next to nothing, or they will provide you next to forged documents and then you enjoy a case to acquire this cleared.
September 9th, 2011 at 2:35 am
if you didnt sign you dont owe
September 9th, 2011 at 2:35 am
if you didnt sigh anything you should not be liable. take the tabloid to a financial aide office at a local college and see if they can oblige.
September 9th, 2011 at 2:35 am
If you took the $1500 from them, then you owe them the money. It’s pretty simple. Under what hypothesis would you keep $1500 that doesn’t belong to you? They will argue that the first time you agreed into your account the overdraft protection contained by whatever amount it be, you agreed to their terms. Obviously you continued to adopt money into your account after that. So negotiate a payoff near them asap.
September 9th, 2011 at 2:35 am
if you have acess to the service and benefited from the use you owe the money. However you can dispute the extra charges and fees. Are obligated to pay the ingenious debt
September 9th, 2011 at 2:35 am
THe company has to provide you proof of signature. If they cant produce these documents, by decree you are now obligated to this statement.