CBCS is a large collection agency based in Jacksonville, Florida.
If you’ve been getting unwanted letters or calls from this debt collector, I’m going to show you how to remove CBCS Collections from your credit report and get them to stop calling.
Since this company is quite experienced and established, with a large staff, you’ll need to use the right tactics in order to get results.
Luckily, you do have rights as a consumer, which are detailed in the Fair Debt Collections Practices Act. These rights will allow you to follow certain steps which boost your odds of success.
How to Remove CBCS Collections
Now, let’s talk about how to make things happen!
Here’s how to remove CBCS Collections from your credit report:
Stop The Calls By Requesting Only Written Communications
Did you know that stopping the annoying and intrusive calls, to your home and/or workplace, is really as easy as asking?
Under the terms of the Fair Debt Collections Practices Act, you have the right to request written communications only.
So, the next time that CBCS calls you up, just let the company know that you want letters from now on, via old-fashioned snail mail.
I recommend doing this. It will remove the stress of getting these calls and it will also create a paper trail.
Phone calls may feature promises which aren’t kept. You need written records.
Ask CBCS To Prove Your Debt With A Debt Validation Letter
You also have the right to ask CBCS Collections to validate the debt that the company is contacting you about.
You may set this process in motion by drafting (and then sending) a Debt Validation Letter.
This is simply a letter that requests that they validate the debt and provide documentation that proves the debt is indeed yours.
Collection agencies often operate by buying consumer debt up dirt-cheap and then recovering more money than they paid for it.
When they buy debt, they sometimes don’t get provided with all of the facts about each debt that they purchase.
This means that it’s often tough for them to validate debts. This may work in your favor. Vital information may be missing or it may be incorrect.
If the company is unable to validate the debt with documentation, within thirty days, CBCS will need to wipe your entry off of the credit report.
The simplest way to set the stage for success is to write up a debt validation letter and mail it in. Do it within thirty days of your first call or letter from the company.
Write An Advanced Dispute Letter
If CBCS is able to validate the debt, and provides you with documentation, your next step is to write an advanced dispute letter.
This letter will need to be sent to the 3 major credit bureaus:
Your Advanced Dispute Letter can’t be written until you obtain a current copy of your credit record.
Once you have this document, you’ll need to look for the entry from CBCS and then find errors with that entry or find missing information.
Look at every single detail. Are there mistakes or omissions with regard to the dates, high balance, the amount owed, balance, address or name?
If you come up with some inaccuracies, and it’s certainly not uncommon to find them, you’ll be able to write the letter.
Outline what’s wrong and request that errors be rectified or that the credit entry be deleted. The credit bureaus will have thirty days to investigate your dispute.
This third step often does the trick. If you find a mistake, there’s every chance that the negative credit entry will be removed.
Negotiate A “Pay for Delete” Agreement With CBCS
If the company does prove the debt and there are no errors on your credit report, you’re not out of options.
Your last choice is to pay all of what you owe, or some of it, in return for having the CBCS credit entry removed.
Before you pay all of it, definitely get in touch with CBCS and try to pay less!
Since these firms tend to pay a lot less for debt than the actual debt amount that they want to collect, they are often willing to do a deal.
If they get some of the money, they typically still turn a profit.
Try offering the company half of what you owe. It’s a good starting point for negotiation.
Also, make sure that the company agrees to remove the entry from the credit report in exchange for the payment.
Some people negotiate by phone, as it’s easier to do the back-and-forth which is characteristic of a negotiation process via telephone. It’s ok to talk on the phone about this.
Just be sure to request a letter detailing the new payment arrangement, along with the stipulation that the credit entry will be removed once the payment is received.
Don’t pay until you get a letter!
Have A Professional Remove The Collection
Lastly, if you rather have a professional handle it and just be done with the whole thing, I suggest you check out Lexington Law.
They’ll take care of you, and honestly, they usually get stuff removed a lot quicker. Check out their website.