[acicalla]

Hello, I think I have this one licked but I would like some feedback from the forum. I used the 9 page vod with promissory note sent via registered mail. After sending the vod I recieved a phone call about a week later from Sherman Aquisitions. I told the lady that I did not do commerce over the phone and that any business needed to be submitted in writting. Then last night (about a month later) I got the letter below. I have removed some things like my name and address but the rest is still the same. If my understanding is correct they are stopping collections and removing it from my credit report. If I am mistaken by my interpretation please kindly let me know.
Sincerely,
acicalla, Learning In Memphis


PREVIOUS CREDITOR: Triad
CURREFif CREDITOR: Sherman Acquisition II LP
BALANCE: $7251.71
04-18-05
Dear XXXXXX;
RE: Account Number 4417128417441704
This account was purchased by Sherman Acquisition II LP and placed with Alegis Group LP for servicing.
Based upon the research conducted by the Customer Service Department, the above referenced account has been closed and will be reported to the major credit reporting agencies to delete the Sherman trade line during the next reporting cycle. All collection efforts will Cease for this account.
We apologize for any inconvenience this matter may have caused.
If we can be of further assistance, please contact one of our Customer Service Representatives toll-tree at .
Sincerely.
Customer Service Department
Alegis Group LP
Tips communication is sent to you by Alegis Group LP, a professional debt collector,
Please read the following iniporlant notIce, as they may affect your rights.
This communication is Iron a deth collector. This is an attempt to collect a debt and any information obtained will be used for that purpose.
As required by law you are hereby notified that a negative Credit report reflecting on your credit record may be submitted to a credit-reporting agency if you fail to fulfill the terms of your credit obligation. The state Rosenthal Fair Debt Collection Practices Act and the federal Fair Debt Collection Practices Act require that, except under unusual circumstances. collectors may not contact you before 8 am. or after 9 pm. They may not harass you by using threats of violence or arrestor by using obscene language. Collectors may not use also or misleading statements or call you at work if they Io,ow or have reason to know that you may not receive personal calls at work. For the most part, collectors may not tell another person, otherthan your attorney or spouse. about your debt. Collectors may contact another person to contimi your location or enforce a judgment. For more information about debt collection activdies, you may contact the Federal Trade Commission at 1-877-Fit-HELP cr wt44I.ftc.gov.
SEE REVERSE SIDE FOR IMPORTANT PRIVACY NOTIFICATION FROM YOUR CREDITOR