Asked 1/3/2008
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Being charged for car repossession after 12 years John Tesar a representative from IDT Carmel People First Recoveries in MN, called and informed me I have 48 hours to let him know how I plan on paying a repossession charge in the amount of $10,000. He also stated that I could pay just $3000 before the end of January and he would waive the $7000 back interest fee. I googled the phone number he gave me (866-236-4949) and found nothing. Is this a legitimate charge? The car was repossessed over 12 years ago and this is the first time I have been contacted. |
Answer 1/1 - Submitted 1/3/2008
I tried several directory and found no results for this number. However I did find this info:
Company: People First Recoveries Company Location: 2080 Elm Street SE, Minneapolis, MN 55414
IDT Carmel People First Recoveries Customer Service
Experienced Collectors IDT Carmel formerly People First Recoveries IDT Carmel, an International Firm specializing in debt collection.
Many debt collection companys buy and sale debts for pennys on the dollar of there original worth and offer "settelment" amounts to the debtor, IE... $3,000 dollars for the original $7,000 debt. This is not unusal, or illegal.
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