Banks, Collectors, and CRAs Discuss the elimationa of secured and unsecured "debt", as well as tactics for dealing with debt collectors and credit reporting agencies.


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  #1  
Old 09-25-2005, 04:48 AM
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Bulletproof Monk Bulletproof Monk is offline
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Smile SAMPLE "ACCEPTED FOR VALUE" STAMP

This is a copy of the stamp I use to put on "statements" from credit card companies (they cannot issue an invoice). I scan the document and overlay the stamp in Photoshop, before printing a copy and returning it to them.

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File Type: jpg sample stamp.jpg (109.7 KB, 717 views)
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Old 09-25-2005, 06:17 AM
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Quote:
Originally Posted by Bulletproof Monk
This is a copy of the stamp I use to put on "statements" from credit card companies (they cannot issue an invoice). I scan the document and overlay the stamp in Photoshop, before printing a copy and returning it to them.

Bulletproof Monk

More meaningless fun.

First off, they don't accept correspondence that accompanies statements received at the mail intake center/drop box. Those don't even get seen by a person, let alone have any legal standing.
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Old 09-25-2005, 06:18 AM
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Originally Posted by Judge Roy Bean
More meaningless fun.

First off, they don't accept correspondence that accompanies statements received at the mail intake center/drop box. Those don't even get seen by a person, let alone have any legal standing.
Who is "they?"

Do you have any facts to back up the claim that "they" don't accept correspondence that accompanies statements received at the mail intake center/drop box?"

Or that those don't even get seen by a person, let alone have any legal standing?

Do you have an oath?

Henry Franklin
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Old 09-25-2005, 08:41 AM
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Your bill payment...

I use to install the systems for these credit card companies and other such payment centers.
When they receive your bill payment everything gets pulled out by a machine. It is all shunted to special bins for processing. If something in the envelope, like a full page of paper, doesnt fit the normal size of your payment stub, everything from that envelope is kicked out and later processed by hand.
SOMEONE will look at every thing by hand, BUT, the person that does this really is just there to enter in your account number and your payment information. I will bet that 99% of these people with have NO CLUE what your acceptence for value is. It more than likely will get thrown away and your payment will be recorded. If you DONT put a check or payment information into the envelope that these workers are use to seeing, then it will be entered as a zero payment. You might get lucky and the worker will bring all that paper to the manager, who MIGHT then know what it is.
Plus its more than likely this worker doesnt work for Master Card or Visa and so on. These companies hire one place to process those payments.

It would make more sense to get an address of the home office or main administration office, then send it there.
Trust me payment processing is 90% machine operated and it processes millions a day. IF an actual person comes across or sees your paperwork, they are NOT with the credit card company and will NOT know what it is.
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Old 09-25-2005, 09:50 AM
truth4all truth4all is offline
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Quote:
Originally Posted by weaponx71
I use to install the systems for these credit card companies and other such payment centers.
When they receive your bill payment everything gets pulled out by a machine. It is all shunted to special bins for processing. If something in the envelope, like a full page of paper, doesnt fit the normal size of your payment stub, everything from that envelope is kicked out and later processed by hand.
SOMEONE will look at every thing by hand, BUT, the person that does this really is just there to enter in your account number and your payment information. I will bet that 99% of these people with have NO CLUE what your acceptence for value is. It more than likely will get thrown away and your payment will be recorded. If you DONT put a check or payment information into the envelope that these workers are use to seeing, then it will be entered as a zero payment. You might get lucky and the worker will bring all that paper to the manager, who MIGHT then know what it is.
Plus its more than likely this worker doesnt work for Master Card or Visa and so on. These companies hire one place to process those payments.

It would make more sense to get an address of the home office or main administration office, then send it there.
Trust me payment processing is 90% machine operated and it processes millions a day. IF an actual person comes across or sees your paperwork, they are NOT with the credit card company and will NOT know what it is.




Bean has a point.
(shock and awe !?)
You want it to get some attention and have proof you sent it?
Have it notarized and send it CRRR mail to the CEO
You can find his name and address here.
http://hoovers.com/free/tools/bcl/
THIS IS NOT LEGAL ADVICE.
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Old 09-25-2005, 10:49 AM
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Not that they will reply or acknowledge either. Been there. Done that.
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Old 09-25-2005, 10:52 AM
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Download

If you have not gone into the download section and pulled off the Handling Presentments doc, you should. It talks about what color ink to use (or not use), and the reasoning behind it. Hint: Red ain't it!


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Old 05-29-2006, 06:53 PM
ezrhythm ezrhythm is offline
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Quote:
Originally Posted by Judge Roy Bean
More meaningless fun.

First off, they don't accept correspondence that accompanies statements received at the mail intake center/drop box. Those don't even get seen by a person, let alone have any legal standing.

Cruise'n these forums reminds me of a video game...

...AVOID THE BLACK ROBE OF DEATH AND DECEPTION!

Last edited by ezrhythm : 05-29-2006 at 06:58 PM.
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Old 05-30-2006, 08:56 AM
Shoonra Shoonra is offline
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I'd like somebody to explain to me what this "Accepted for Value" is supposed to accomplish.

My previous acquaintance with this term is that it is written on checks and receipts for partial payments to show that, perhaps contrary to the debtor's notation, the rest of the debt is still being demanded.

I have no idea what these words signify when put on non-financial documents such as court papers, subpoenae, official forms and the like. What's the "value" of a summons? How do you expect to liquidate it and collect the money?
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Old 05-30-2006, 09:44 AM
AndyK AndyK is offline
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Quote:
Originally Posted by Shoonra
I'd like somebody to explain to me what this "Accepted for Value" is supposed to accomplish.

My previous acquaintance with this term is that it is written on checks and receipts for partial payments to show that, perhaps contrary to the debtor's notation, the rest of the debt is still being demanded.

I have no idea what these words signify when put on non-financial documents such as court papers, subpoenae, official forms and the like. What's the "value" of a summons? How do you expect to liquidate it and collect the money?

Clearly, you are missing the entire concept.

It's ALL about contracts and the corporate united States government (as opposed to the original, pre-14th United States government).

Thus, everything is susceptible to the powers of the UCC and any document can be refused for cause or accepted/returned for value.
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