Excellent. Let us know the outcome of your lawsuit, OK?
PRA also has a bad habit of reporting unvalidated and disputed debts to the IRS, which they have wound up defaulting on because they wouldn't (couldn't is more like it) provide supporting documentation of the charge-off.
I'm happy for you but skeptical of your version of events that prevailed in a court case. Might have been something else behind PRA settling. Please give us the case number so we can get all the documents from the courthouse and verify this. All the best to you!
That is AWESOME and congratulations. I've had a few victories like that myself, don't it feel good? Now do you happen to have copies of the lawsuit? I'd be interestied in hearing how your arguments were written, particularly which sections of law, and which precedents.
A "section of law" looks like, "12 USC 345.67" and refers to a law congress made. Given that number you can find the law with a web search.
A precedent looks like "Smith v. Jones, 318 F. 3d 937", and refers to a past court decision. Most of those are in "Google Scholar" (search google for that lol).
That would greatly help those of us who "spin our own" lawsuits, or who just want to understand the mechanics of the law so we can protect ourselves. Knowing what you used can really help. Especially the precedents - those are hard to find. If you can -- THANKS.
Just signed the settlement papers which included a confidentially clause; guess they don’t want anyone knowing how to bear them. Part of the settlement is that they can not resell my info, they must destroy the files, they must remove any entries on my credit files, and they can NOT file a 1099-C with the IRS. They have also asked the court to seal the record.
We had them on the ropes and could have gotten a lot more and I guess they thought it would be a lot cheaper to settle as long as I don’t talk about it. Oops!