Settlement

[Trilivonel]

I settled with a CA recently and now am wondering whether I should have done so without going into arbitration. I settled because the CA's attorney said that if we go to trial that the original creditor, Citibank, would bring in witnesses and documentations. That didn't bother me but I just didn't want a wage garnish, if I was to lose my case. The attorney stated that Citibank "always go after their money". Then about less than a week later, I receive not one but two solicitations for credit cards from Ciibank; the same company that the CA claims that "they always go after their money". The first from AT&T Universal w/issuance through Citibank and then directly from Citibank itself. I know that there is a procedure I think that is called "pre-screening" when a potential creditor views your name and address for solicitation for a credit card. But isn't there some way that a creditor would know when a person still owes them money? But this isn't the first time Citibank solicited me either. The first time was sometime last summer also. Before then I wasn't solicited because Citibank was still listed on my credit report. It's not listed there anymore as of last year. Isn't it strange that Citibank wants me to apply for a card less than a week after their assigned creditors settled with me in court? For that matter, if Citibank "always go after their money", why can they re-issue the credit card and I could pay them off that way with no middle man! :) Please any thoughts on the Citibank solicitations I mentioned would also be greatly appreciated and I'm baffled as to what to do. Can anyone give any advice on what to do regarding the settlement? Thanks a lot! :confused:

[sisflomi]

Citi don't always go after their money. I know for a fact that my ex owed them over 7000.00 and not once since 1997 has he paid it. They never sent him letters or anything. His employment has been listed on his report for 6 or 7 years now. They could have found him, but didn't even try. Its too late for them now, as he filed bk this year on everything. Just a fyi that not always do they come after everyone.

[Ravenous Wolf]

The greatest power that a CA has is to talk smack.

Some CAs threaten with all kinds of legal actions. Other CAs are a different. A buddy of mine who is a collector tells people that if they don't pay it, he is going to kick down their front door and kick their [EXPLETIVE DELETED].

But somehow I always get the impression that the CAs who complain the loudest are the ones who cannot produce on iota of proof.

Finally, Citibank has never come after me in a legal manner. I had a big charge off and I never paid them a dime.

In fact, Citibank was very eager to kiss and make up after seven years. I now have a Zales card and a Diner's Club card that is serviced by Citibank. And I even had a Texaco card.

Never once did I pay a dime to Citibank.

And their CAs made all kinds of threats to me too .

I think that CA was blowing smoke up your [EXPLETIVE DELETED].