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Need help with LVNV Funding and debt settlement?

Ok, a long time ago my husband and I both lost our jobs and we lived off credit cards for 3 months. It took us months to find new jobs and a couple of years to actually be back on our feet. Six months ago I started going over my credit report and slowly paying off old creditors. Most have "settled" Now here's the problem: The last two debts, I've never had any collection letters from offering to settle. I don't know if they never found my current address like the others did or what. They are with Enhanced Recovery Company LLC and LVNV Funding LLC. I started looking for the companies and found that they have really been screwing people over. Taking them to court for amounts higher than the original debt, harassing them, etc. The "statute of limitations" has run out, so they can't sue me, but it's still on my credit report and I'd honestly like to try to settle. If I call them to talk to them though, it resets the clock on the statute and they can sue me. Now I'm scared to call. It will be another 3-5 years before it drops from my credit if it ever does. Advice please? http://www.debtconsolidationcare.com/letters/pay-for-delete.html I found this letter. Are these acceptable alternatives?

Asked By: Bttrflykiss - 2/27/2012
Best Answer - Chosen by Asker
Do not waste your time with form letters you find on various "credit expert" sites. Most are just full of bad info and will do more harm than good. Collection agencies tend to ignore them... More
Answered By: bdancer222 - 2/27/2012
Additional Answers (2)
If the SOL has expired, you'd be better off doing nothing and letting this debt fall off naturally. Debts come off by themselves in 7 years, from the original date of default... More
Answered By: CatDad - 2/27/2012
 
I agree with Cat Dad. If these companies are not reporting to the credit bureaus, definately don't contact them... More
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Answered By: BungalowMo - 2/27/2012
 
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