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(The Consumerist)   Debt collectors now hunting former Hollywood Video employees for late fees   (consumerist.com) divider line 84
    More: Strange, Hollywood Video, late fees, video stores, debts  
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6424 clicks; posted to Business » on 19 Jun 2012 at 1:38 PM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-06-19 09:12:55 AM
Wow. Video stores are just not going out with a single shred of dignity.

/was contacted by collections for a $8 late fee owed to Blockbuster last year
 
2012-06-19 10:25:24 AM
 
2012-06-19 11:22:55 AM

kid_icarus:
/was contacted by collections for a $8 late fee owed to Blockbuster last year


Deadbeat.
 
2012-06-19 12:11:52 PM

Because People in power are Stupid: kid_icarus:
/was contacted by collections for a $8 late fee owed to Blockbuster last year

Deadbeat.


I can do worse than that...it was for the Catwoman movie.

/don't judge me
 
2012-06-19 12:14:20 PM

kid_icarus: Because People in power are Stupid: kid_icarus:
/was contacted by collections for a $8 late fee owed to Blockbuster last year

Deadbeat.

I can do worse than that...it was for the Catwoman movie.

/don't judge me



*Wince* Too late,bro.
 
2012-06-19 12:29:16 PM

kid_icarus: Because People in power are Stupid: kid_icarus:
/was contacted by collections for a $8 late fee owed to Blockbuster last year

Deadbeat.

I can do worse than that...it was for the Catwoman movie.

/don't judge me


I'm shocked they didn't pay you to keep it.
 
2012-06-19 12:30:22 PM

kid_icarus: Because People in power are Stupid: kid_icarus:
/was contacted by collections for a $8 late fee owed to Blockbuster last year

Deadbeat.

I can do worse than that...it was for the Catwoman movie.

/don't judge me


Because there is only one catwoman.
upload.wikimedia.org

and it's Danny Devito
 
2012-06-19 12:43:50 PM

scottydoesntknow: kid_icarus: Because People in power are Stupid: kid_icarus:
/was contacted by collections for a $8 late fee owed to Blockbuster last year

Deadbeat.

I can do worse than that...it was for the Catwoman movie.

/don't judge me

I'm shocked they didn't pay you to keep it.


I'm shocked I didn't finally return it through their window tied to a brick.
 
2012-06-19 01:43:04 PM
Okay, I have to ask the stupid question: If you were an employee and "renting it for free," how or why the fark would you need to fill out paperwork for this?? Wouldn't you... you know, just FARKING TAKE IT??
 
2012-06-19 01:56:23 PM

FriarReb98: Okay, I have to ask the stupid question: If you were an employee and "renting it for free," how or why the fark would you need to fill out paperwork for this??


Uh... inventory management? Knowing who has what property of the store? Just because the rentals are free doesn't mean you just grab whatever you want off the shelf and walk out the door...

On an unrelated note:
FTFA: [...[ and that it's up to him to prove that he didn't owe the company $28.95 in late fees at the time he quit.

Actually, it's up to the collector to prove he actually owed the debt...
 
2012-06-19 01:57:55 PM

scottydoesntknow: kid_icarus: Because People in power are Stupid: kid_icarus:
/was contacted by collections for a $8 late fee owed to Blockbuster last year

Deadbeat.

I can do worse than that...it was for the Catwoman movie.

/don't judge me

I'm shocked they didn't pay you to keep it.


I had a video store try to get $100 from me for not returning the Yahoo Serious! movie. Girlfriend's little brother didn't return it, got off only paying $15 and returning the movie.
 
2012-06-19 01:59:11 PM
I just got a letter for 12 bucks in late fees from a collections place for Hollywood. This normally would make me laugh, but the problem was I didn't rent the movies it listed, I BOUGHT THEM.

Yeah. I walked in to that shiathole on one of its last days, saw NBA 2k10 and Modern Warfare sitting there so I bought them cheap. I paid with my CC, so these d-bags probably typed in my info from my DL into the computer, and entered it as a rental, not purchase.

/Worked in collections for 3 years while in college, have horrible and just pathetic, yet entertaining stories
 
2012-06-19 02:06:11 PM

kid_icarus: Wow. Video stores are just not going out with a single shred of dignity.

/was contacted by collections for a $8 late fee owed to Blockbuster last year


Maybe if people like you had paid your late fees Blockbuster wouldn't have gone into bankruptcy. HINT: You're the one without a shred of dignity because you didn't pay a legitimate debt you owe.
 
2012-06-19 02:07:35 PM

FriarReb98: Okay, I have to ask the stupid question: If you were an employee and "renting it for free," how or why the fark would you need to fill out paperwork for this?? Wouldn't you... you know, just FARKING TAKE IT??


Inventory tracking
Computers
 
2012-06-19 02:14:35 PM

Mike Chewbacca: kid_icarus: Wow. Video stores are just not going out with a single shred of dignity.

/was contacted by collections for a $8 late fee owed to Blockbuster last year

Maybe if people like you had paid your late fees Blockbuster wouldn't have gone into bankruptcy. HINT: You're the one without a shred of dignity because you didn't pay a legitimate debt you owe.


Lmao, so what you're saying is that a business in the business of renting went tits up because of withheld late fees?

Damn, leave Blockbuster with at least a shred of dignity, we all know it was crap...
 
2012-06-19 02:19:24 PM

wingnut396: scottydoesntknow: kid_icarus: Because People in power are Stupid: kid_icarus:
/was contacted by collections for a $8 late fee owed to Blockbuster last year

Deadbeat.

I can do worse than that...it was for the Catwoman movie.

/don't judge me

I'm shocked they didn't pay you to keep it.

I had a video store try to get $100 from me for not returning the Yahoo Serious! movie. Girlfriend's little brother didn't return it, got off only paying $15 and returning the movie.


You could have bought it outright at some $2.99 bargain bin at a rural gas station somewhere in the middle of Iowa.
 
2012-06-19 02:43:21 PM

Martonio: wingnut396: scottydoesntknow: kid_icarus: Because People in power are Stupid: kid_icarus:
/was contacted by collections for a $8 late fee owed to Blockbuster last year

Deadbeat.

I can do worse than that...it was for the Catwoman movie.

/don't judge me

I'm shocked they didn't pay you to keep it.

I had a video store try to get $100 from me for not returning the Yahoo Serious! movie. Girlfriend's little brother didn't return it, got off only paying $15 and returning the movie.

You could have bought it outright at some $2.99 bargain bin at a rural gas station somewhere in the middle of Iowa.


Dude, it was like 1988 or whatever. I don't think they sold blank VHS tapes for $2.99.

But yeah, lesson learned.
 
2012-06-19 03:05:58 PM

Mike Chewbacca: kid_icarus: Wow. Video stores are just not going out with a single shred of dignity.

/was contacted by collections for a $8 late fee owed to Blockbuster last year

Maybe if people like you had paid your late fees Blockbuster wouldn't have gone into bankruptcy. HINT: You're the one without a shred of dignity because you didn't pay a legitimate debt you owe.


4/10
 
2012-06-19 03:16:53 PM

FinFangFark: I just got a letter for 12 bucks in late fees from a collections place for Hollywood. This normally would make me laugh, but the problem was I didn't rent the movies it listed, I BOUGHT THEM.

Yeah. I walked in to that shiathole on one of its last days, saw NBA 2k10 and Modern Warfare sitting there so I bought them cheap. I paid with my CC, so these d-bags probably typed in my info from my DL into the computer, and entered it as a rental, not purchase.

/Worked in collections for 3 years while in college, have horrible and just pathetic, yet entertaining stories



Weird. A collection company used to threaten me about the copy of "Gattaca" I bought at Hollywood Video's going out of business sale. Phone, snail mail both... I thought it might just be an error, a typo in how the sale was registered... but now I wonder if this is maybe a little bit more nefarious? I handled it by sending a registered letter stating that the dvd was bought, not rented, and insisting I save receipts and could prove my case in court. (I do save receipts, but not for that long.) Haven't heard a word since.
 
2012-06-19 03:24:04 PM

Nmissi: FinFangFark: I just got a letter for 12 bucks in late fees from a collections place for Hollywood. This normally would make me laugh, but the problem was I didn't rent the movies it listed, I BOUGHT THEM.

Yeah. I walked in to that shiathole on one of its last days, saw NBA 2k10 and Modern Warfare sitting there so I bought them cheap. I paid with my CC, so these d-bags probably typed in my info from my DL into the computer, and entered it as a rental, not purchase.

/Worked in collections for 3 years while in college, have horrible and just pathetic, yet entertaining stories


Weird. A collection company used to threaten me about the copy of "Gattaca" I bought at Hollywood Video's going out of business sale. Phone, snail mail both... I thought it might just be an error, a typo in how the sale was registered... but now I wonder if this is maybe a little bit more nefarious? I handled it by sending a registered letter stating that the dvd was bought, not rented, and insisting I save receipts and could prove my case in court. (I do save receipts, but not for that long.) Haven't heard a word since.


Good to know I wasn't the only one.
 
2012-06-19 03:27:01 PM
Hell, I'm older than dirt and even I can't remember the last time I rented a video. (Of course, that could be blamed on the senility).
 
2012-06-19 03:29:28 PM
I get threatening messages on my work phone telling me to call back about an important legal matter or further legal action will be taken. I don't owe money to anyone and they always call at like 8PM so I'm not here. If they ever called during the daytime I want to transfer them to the legal department.
 
2012-06-19 03:36:07 PM

beantowndog: I get threatening messages on my work phone telling me to call back about an important legal matter or further legal action will be taken. I don't owe money to anyone and they always call at like 8PM so I'm not here. If they ever called during the daytime I want to transfer them to the legal department.


If you do ever talk to them, and they give you the DC schtick "This is up for review" or "Sending to another department" it's their weak ass attempt to scare you into thinking it'll go to their legal department.

Most collection places will not sue for under $1k, especially in non garnishment states, and if you only own one piece of real property in a homestead state.

If they try that and you just brush them off, their next tactic is to appeal to your morality: "You're refusing to resolve this debt you are legally obligated to pay? etc" or something of that sort. Just ask for their legal department address, and where mail all your legal documents...

then just send a cease and desist letter, saying to immediately stop all phone and correspondence contact involving this particular matter. They technically can call you one more time to bug you, but most don't.

Just for those with large debt they didn't pay...don't use stupid phrases like "It doesn't matter because it's been charged off"...that's nonsense for your side of the debt. It's on their side.
 
2012-06-19 03:46:59 PM
Seems this has been going on for a while

Link
 
2012-06-19 03:51:54 PM

Cheron: Seems this has been going on for a while

Link


I love Clark Howard. He's such a a great guy...worked with him on local media events, he really is that penny-pinching guy, but a lot funnier in person.
 
2012-06-19 03:52:15 PM

FinFangFark: I just got a letter for 12 bucks in late fees from a collections place for Hollywood. This normally would make me laugh, but the problem was I didn't rent the movies it listed, I BOUGHT THEM.

Yeah. I walked in to that shiathole on one of its last days, saw NBA 2k10 and Modern Warfare sitting there so I bought them cheap. I paid with my CC, so these d-bags probably typed in my info from my DL into the computer, and entered it as a rental, not purchase.

/Worked in collections for 3 years while in college, have horrible and just pathetic, yet entertaining stories


I defaulted on 50K in credit card debt and 70Kmin private student loans, left to Europe, and will never return.


All of these accounts were linked to my google voice number, so when I choose I can log into that and see hundreds of calls.


What could you recommend I do to taunt or otherwise mess with these collectors, knowing I am pretty much untouchable as I am out of US jurisdiction?
 
2012-06-19 03:53:41 PM
The whole idea behind buying debt should be abolished. If I owe money to company A, under what rationale can company B come in, pay some or all of that debt, and then claim that I owe them instead? Not only does it remove any incentive from company A to create conditions in which that debt would not become an issue in the first place since they can always just sell it off with little or no justification, but I made no contract with company B, how can they just swoop in and suddenly demand that I pay up when I have made no transaction with them whatsoever?
 
2012-06-19 03:55:53 PM
CSB:

My Blockbuster account got sent to collections once. I didn't know until I got a notice in the mail for two movies I had never rented. Turns out my sister rented them on my account because she couldn't rent using her account because... wait for it... she had late fees. F^%$#*&. (This used to work: if you could provide the address of the account holder and you had the same last name, you were "family" and entitled to use the account by default).

At this point, I'm in CA, my sister lives in MA, and the movies, rented from a place in PA, are nowhere to be found. So I suck it up, pay the 12 bucks, read my sister the riot act over the phone, and then go in to my local Blockbuster to lock down my account so that only I can use it.

Their response? "We can do that, but it will only take effect at this location. So the Blockbuster in PA will still rent to your sister."

Blockbuster, if you're reading this, you deserve to go out of business for that.
 
2012-06-19 03:57:38 PM

quick_thinkfast: I defaulted on 50K in credit card debt and 70Kmin private student loans, left to Europe, and will never return.


All of these accounts were linked to my google voice number, so when I choose I can log into that and see hundreds of calls.


What could you recommend I do to taunt or otherwise mess with these collectors, knowing I am pretty much untouchable as I am out of US jurisdiction?


Looks like you have all the qualifications to manage several smaller European countries, how about Greece
 
2012-06-19 03:59:27 PM

quick_thinkfast: FinFangFark: I just got a letter for 12 bucks in late fees from a collections place for Hollywood. This normally would make me laugh, but the problem was I didn't rent the movies it listed, I BOUGHT THEM.

Yeah. I walked in to that shiathole on one of its last days, saw NBA 2k10 and Modern Warfare sitting there so I bought them cheap. I paid with my CC, so these d-bags probably typed in my info from my DL into the computer, and entered it as a rental, not purchase.

/Worked in collections for 3 years while in college, have horrible and just pathetic, yet entertaining stories

I defaulted on 50K in credit card debt and 70Kmin private student loans, left to Europe, and will never return.


All of these accounts were linked to my google voice number, so when I choose I can log into that and see hundreds of calls.


What could you recommend I do to taunt or otherwise mess with these collectors, knowing I am pretty much untouchable as I am out of US jurisdiction?


well pull a credit report to see if any have sought and were award judgments on you for that debt. If not, and it's been passed 10 years (there is a 7 year statute I say wait 7-10 years, but that is from the date they "charge off", which is the only time a debtor should worry about that term)

If it's passed 7 years and you have no judgments, you can send them correspondence telling them to fark off. No seriously...you can.

I remember my first collections job was for a crappy little place in Austin. One of my accounts was a 60k credit card. I pulled the paperwork, it turns out it was a guy who's wife had died, and he said fark it...he charged up all his cards, took out a loan for 100k to buy a travel camper, and just took off on the road. The number we had was for his family, which legally we could call b/c he put it down at one point for his address with the post office.

Like I said, I have dozens of funny ass stories.

I'd be concerned about the 70k in student loans if you ever come back...the two things Uncle Sam never forgets are child support and student loans...Homie don't play that. But if you stay in Europe then screw it. Just send post cards with you posing in front of tourist attractions.
 
2012-06-19 04:14:29 PM
Years ago I rented the Stargate movie and I am 99% sure that I returned it in the dropbox at a Movie Gallery. Well I moved, went to college, lived in a few towns then came back and went to go rent movies a few years later.

Apparently I owed them $2700 and change for late fees with no option to just buy the damn movie. Of course I told them to go fark themselves and went over to Blockbuster.

I did pay Blockbuster a $400 fee when my ex rented movies with my old card and "lost" the movies but that was a few years later. Never rented from them again and got them to remove my account.
 
2012-06-19 04:17:14 PM

FinFangFark: quick_thinkfast: FinFangFark: I just got a letter for 12 bucks in late fees from a collections place for Hollywood. This normally would make me laugh, but the problem was I didn't rent the movies it listed, I BOUGHT THEM.

Yeah. I walked in to that shiathole on one of its last days, saw NBA 2k10 and Modern Warfare sitting there so I bought them cheap. I paid with my CC, so these d-bags probably typed in my info from my DL into the computer, and entered it as a rental, not purchase.

/Worked in collections for 3 years while in college, have horrible and just pathetic, yet entertaining stories

I defaulted on 50K in credit card debt and 70Kmin private student loans, left to Europe, and will never return.


All of these accounts were linked to my google voice number, so when I choose I can log into that and see hundreds of calls.


What could you recommend I do to taunt or otherwise mess with these collectors, knowing I am pretty much untouchable as I am out of US jurisdiction?

well pull a credit report to see if any have sought and were award judgments on you for that debt. If not, and it's been passed 10 years (there is a 7 year statute I say wait 7-10 years, but that is from the date they "charge off", which is the only time a debtor should worry about that term)

If it's passed 7 years and you have no judgments, you can send them correspondence telling them to fark off. No seriously...you can.

I remember my first collections job was for a crappy little place in Austin. One of my accounts was a 60k credit card. I pulled the paperwork, it turns out it was a guy who's wife had died, and he said fark it...he charged up all his cards, took out a loan for 100k to buy a travel camper, and just took off on the road. The number we had was for his family, which legally we could call b/c he put it down at one point for his address with the post office.

Like I said, I have dozens of funny ass stories.

I'd be concerned about the 70k in student loans if you ever come ...


Yeah, I read up on debtorboards.com and creditboards.com before defaulting. This was a very calculated and well prepared more.


Everything has since been charged off, including the SLs. So far no lawsuits have been filed so no default judgements have been issued, but I expect someone will sue me sometime down the line.

Regarding the student loans I did pay back my federal loan for the reason you mentioned above. It was the private banks that will never see a dime.

Anyway, I'm pretty firmly anchored here with a local wife and a family, but you can never say never, and because of that I did "judgement proof" myself before I started defaulting.


Sometimes I pick up the phone and start pretend freaking out "oh no - they found me ahhh" but I was hoping to come up with something a bit better. I know they are all workin on commission and would make money if I paid even a little of the balance. I just want to fark with them on the phone a bit more creatively
 
2012-06-19 04:26:03 PM

quick_thinkfast: FinFangFark: quick_thinkfast: FinFangFark: I just got a letter for 12 bucks in late fees from a collections place for Hollywood. This normally would make me laugh, but the problem was I didn't rent the movies it listed, I BOUGHT THEM.

Yeah. I walked in to that shiathole on one of its last days, saw NBA 2k10 and Modern Warfare sitting there so I bought them cheap. I paid with my CC, so these d-bags probably typed in my info from my DL into the computer, and entered it as a rental, not purchase.

/Worked in collections for 3 years while in college, have horrible and just pathetic, yet entertaining stories

I defaulted on 50K in credit card debt and 70Kmin private student loans, left to Europe, and will never return.


All of these accounts were linked to my google voice number, so when I choose I can log into that and see hundreds of calls.


What could you recommend I do to taunt or otherwise mess with these collectors, knowing I am pretty much untouchable as I am out of US jurisdiction?

well pull a credit report to see if any have sought and were award judgments on you for that debt. If not, and it's been passed 10 years (there is a 7 year statute I say wait 7-10 years, but that is from the date they "charge off", which is the only time a debtor should worry about that term)

If it's passed 7 years and you have no judgments, you can send them correspondence telling them to fark off. No seriously...you can.

I remember my first collections job was for a crappy little place in Austin. One of my accounts was a 60k credit card. I pulled the paperwork, it turns out it was a guy who's wife had died, and he said fark it...he charged up all his cards, took out a loan for 100k to buy a travel camper, and just took off on the road. The number we had was for his family, which legally we could call b/c he put it down at one point for his address with the post office.

Like I said, I have dozens of funny ass stories.

I'd be concerned about the 70k in student loans if ...


Actually, most don't make commission. The really crappy places do. Those with a solid owner/manager pay hourly/salary with commission for tiers. One of the places I worked, I was making 28k base salary, and that's while I was in college. Add the monthly commish, and I had a couple of years where I was making fat cash because I was pretty good at it. I just didn't make many friends because I had an unorthodox method. I was genuine...because I really didn't give a shiat. If someone called acting like an a-hole, I was one back, but I didn't buy into the scripted b.s. But it's a very stressful job, mainly because it's not a legit form of a productive career, but they try to sell it like these people are curing cancer.

good job on judgment proofing yourself. But if it's been past 7 years, and nothing has happened, chances are they aren't going to touch you. If you do come back stateside, and there is old debt on your report (some 3rd party places pretend to forget to remove the debt from your credit reports), just call Equifax, Experian and Transunion (sp) and tell them it's out of statutes, and it's removed.

There are times the wife and I think about moving to another country, but we have two lovely dogs, and we don't want to quarantine them especially b/c of the cost. But you never know, we may just have enough...when that day comes I may do what you did!
 
2012-06-19 04:29:53 PM

EyeForgot: Years ago I rented the Stargate movie and I am 99% sure that I returned it in the dropbox at a Movie Gallery. Well I moved, went to college, lived in a few towns then came back and went to go rent movies a few years later.

Apparently I owed them $2700 and change for late fees with no option to just buy the damn movie. Of course I told them to go fark themselves and went over to Blockbuster.

I did pay Blockbuster a $400 fee when my ex rented movies with my old card and "lost" the movies but that was a few years later. Never rented from them again and got them to remove my account.


$2,700? That's pretty damn impressive. I remember when I was younger, before the interwebs was the standard, most of the video stores for Hollywood and Blockbuster weren't networked. If you had a late fee at one store, just open an account at another.

I remember in high school, they finally networked your information to all Blockbusters nationwide. I went back home to visit and went to Blockbuster, they claimed I had a $50 late fee for a movie in another state (where I went to college). I played dumb, like I never lived anywhere but that little town...so the clerk removed the fee for me.

Yeah, I'm evil.

And yeah, I did that several times.
 
2012-06-19 04:33:31 PM

StrangeQ: The whole idea behind buying debt should be abolished. If I owe money to company A, under what rationale can company B come in, pay some or all of that debt, and then claim that I owe them instead? Not only does it remove any incentive from company A to create conditions in which that debt would not become an issue in the first place since they can always just sell it off with little or no justification, but I made no contract with company B, how can they just swoop in and suddenly demand that I pay up when I have made no transaction with them whatsoever?


Businesses run off debt. It is actually considered unhealthy to have a small amount of debt though a large debt is also bad. Companies make themselves attractive to customers by extending credit. There has to be mechanisms for getting rid of debts that are unlikely to be paid. Selling a debt is a way of getting rid of the debt without losing out on the whole debt. Another company will buy it at a fraction of the value in hopes that it can collect the whole value. There is nothing wrong with it. You or your company owes money, who gets that money isn't your decision, especially if you choose not to pay it in the first place.
 
2012-06-19 04:35:08 PM
I ended up getting a collections notice shortly after Hollywood Video went bankrupt here in town.

The problem was, I'd never rented from them before.

Letter to the credit agencies took care of that one. Still, odd to see this. Makes me wonder if they weren't just pulling BS all around.
 
2012-06-19 04:36:50 PM

FitzShivering: I ended up getting a collections notice shortly after Hollywood Video went bankrupt here in town.

The problem was, I'd never rented from them before.

Letter to the credit agencies took care of that one. Still, odd to see this. Makes me wonder if they weren't just pulling BS all around.


Think about it...tens of thousands get a collection notice for $20...how many will just simply send a payment, because they've had collection calls on larger bills, and know how much of a pain an ass these people are.
 
2012-06-19 04:40:46 PM

FinFangFark: quick_thinkfast: FinFangFark: quick_thinkfast: FinFangFark: I just got a letter for 12 bucks in late fees from a collections place for Hollywood. This normally would make me laugh, but the problem was I didn't rent the movies it listed, I BOUGHT THEM.

Yeah. I walked in to that shiathole on one of its last days, saw NBA 2k10 and Modern Warfare sitting there so I bought them cheap. I paid with my CC, so these d-bags probably typed in my info from my DL into the computer, and entered it as a rental, not purchase.

/Worked in collections for 3 years while in college, have horrible and just pathetic, yet entertaining stories

I defaulted on 50K in credit card debt and 70Kmin private student loans, left to Europe, and will never return.


All of these accounts were linked to my google voice number, so when I choose I can log into that and see hundreds of calls.


What could you recommend I do to taunt or otherwise mess with these collectors, knowing I am pretty much untouchable as I am out of US jurisdiction?

well pull a credit report to see if any have sought and were award judgments on you for that debt. If not, and it's been passed 10 years (there is a 7 year statute I say wait 7-10 years, but that is from the date they "charge off", which is the only time a debtor should worry about that term)

If it's passed 7 years and you have no judgments, you can send them correspondence telling them to fark off. No seriously...you can.

I remember my first collections job was for a crappy little place in Austin. One of my accounts was a 60k credit card. I pulled the paperwork, it turns out it was a guy who's wife had died, and he said fark it...he charged up all his cards, took out a loan for 100k to buy a travel camper, and just took off on the road. The number we had was for his family, which legally we could call b/c he put it down at one point for his address with the post office.

Like I said, I have dozens of funny ass stories.

I'd be concerned about the 70k in ...


I encourage everyone I know back in America that's in a similar situation to default. Not so much on their student loans because they cannot be cleared away, but definitely on their other consumer loans if they are in a tough spot.


I have zero sympathy for the large US banks. fark em'


In the end it doesn't matter anyway. At the highest level money is created out of thin air. Dollars are not mined from the ground.
 
2012-06-19 04:45:23 PM

FinFangFark: FitzShivering: I ended up getting a collections notice shortly after Hollywood Video went bankrupt here in town.

The problem was, I'd never rented from them before.

Letter to the credit agencies took care of that one. Still, odd to see this. Makes me wonder if they weren't just pulling BS all around.

Think about it...tens of thousands get a collection notice for $20...how many will just simply send a payment, because they've had collection calls on larger bills, and know how much of a pain an ass these people are.


I know that for sure. I watched a relative pay a cheap-ass collection debt (wasn't even on his credit report, btw, was just a letter informing him he owed money) for something he'd never done because it was easier to send the $10 in. I was upset on principal, but nowadays I kind of understand (don't have time to deal with shiat like that either.)
 
2012-06-19 04:54:16 PM

quick_thinkfast: I encourage everyone I know back in America that's in a similar situation to default. Not so much on their student loans because they cannot be cleared away, but definitely on their other consumer loans if they are in a tough spot.


I have zero sympathy for the large US banks. fark em'


In the end it doesn't matter anyway. At the highest level money is created out of thin air. Dollars are not mined from the ground.



There is a level of agreement and I disagree. There were times when I had accounts of 10k by some low income person that maxed out their card buying junk, and then "suddenly" were on a fixed income and couldn't pay the bill and were praying for God to pay the bill...fark them.

And yeah, the transferring of debt thing...that has no concern of the debtor, because they agreed to terms, and should have read the guidelines about payment, agreement to it, and transferring of that debt to another financial institution or holder.

Now back to the side of the good guys...us. These financial institutions rely on debtor irresponsibility to an extent. They want you to nearly max out, and pay in small increments, so the interest piles up, on top of late fees...that's how they survive. It's like automotive financing now...I remember growing up, and if you paid cash for a car, you could get a damn good deal. Now they are so pressed and dependent on you financing, they don't want you to. I walked in to numerous dealerships with 22k cash to buy my wife a car, and I can tell you almost all of them didn't want to go down on the price, and were pushing me to finance the 2/3k different. Really?

This country relies WAY too much on financing.
 
2012-06-19 05:08:34 PM
Came here to read about how butt-hurt some Farkers are and how lame Consumerist is because they (the butt-hurt Farkers suffering vaginal irritation) fail to comprehend what they read there. Coming away happily disappointed.
 
2012-06-19 05:31:22 PM

FinFangFark: I'd be concerned about the 70k in student loans if you ever come back...the two things Uncle Sam never forgets are child support and student loans...Homie don't play that. But if you stay in Europe then screw it. Just send post cards with you posing in front of tourist attractions.


With student load debt, I wonder if you could launder that somewhat by using credit card balance transfer checks. If the loan wasn't too huge, if you had a big enough credit limit, and if the process was slow enough, you could probably turn a lot of it into unsecured credit card debt then declare bankruptcy to wipe it out.
 
2012-06-19 05:41:24 PM

the_vicious_fez: My Blockbuster account got sent to collections once. I didn't know until I got a notice in the mail for two movies I had never rented. Turns out my sister rented them on my account because she couldn't rent using her account because... wait for it... she had late fees. F^%$#*&. (This used to work: if you could provide the address of the account holder and you had the same last name, you were "family" and entitled to use the account by default).


Nope. Someone else could only use your account if you intentionally added them to it. Either you added her to the account and forgot, or the BBV employee was lazy and let it slide. You should have read them the riot act for renting to an unauthorized third party. As for the "only fixed at this store" issue, that issue was fixed by 1997 or so. It took a couple of months for the info to trickle up to your national account, and then to trickle back down to the local store, but it did happen. Eventually.
 
2012-06-19 05:42:54 PM

catonacid: Mike Chewbacca: kid_icarus: Wow. Video stores are just not going out with a single shred of dignity.

/was contacted by collections for a $8 late fee owed to Blockbuster last year

Maybe if people like you had paid your late fees Blockbuster wouldn't have gone into bankruptcy. HINT: You're the one without a shred of dignity because you didn't pay a legitimate debt you owe.

Lmao, so what you're saying is that a business in the business of renting went tits up because of withheld late fees?

Damn, leave Blockbuster with at least a shred of dignity, we all know it was crap...


Actually, Blockbuster made all their profit off late fees. Really. The rentals only paid for the purchasing of the tapes (which were "discounted" to $66 from the MSRP of $99). Of course, that's all different now with the advent of cheap DVDs. I left BBV in 1998, so my info is outdated.
 
2012-06-19 05:51:39 PM

Mike Chewbacca: the_vicious_fez: My Blockbuster account got sent to collections once. I didn't know until I got a notice in the mail for two movies I had never rented. Turns out my sister rented them on my account because she couldn't rent using her account because... wait for it... she had late fees. F^%$#*&. (This used to work: if you could provide the address of the account holder and you had the same last name, you were "family" and entitled to use the account by default).

Nope. Someone else could only use your account if you intentionally added them to it. Either you added her to the account and forgot, or the BBV employee was lazy and let it slide. You should have read them the riot act for renting to an unauthorized third party. As for the "only fixed at this store" issue, that issue was fixed by 1997 or so. It took a couple of months for the info to trickle up to your national account, and then to trickle back down to the local store, but it did happen. Eventually.


I don't know if this was because it was a franchise location or what, but this was 3-4 years ago, and as I recall I was getting this info from two different stores (CA and PA). Maybe the employees were just wrong, but that's what I was told.
 
2012-06-19 06:09:01 PM
The confusion isn't that it's a late fee, it's "stupid ass tax" for willingly watching Hancock.
 
2012-06-19 06:19:28 PM

Mike Chewbacca: Actually, Blockbuster made all their profit off late fees. Really. The rentals only paid for the purchasing of the tapes (which were "discounted" to $66 from the MSRP of $99). Of course, that's all different now with the advent of cheap DVDs. I left BBV in 1998, so my info is outdated.


Never worked there, or any video store for that matter... but I thought this was common knowledge.
 
2012-06-19 07:06:32 PM
[The agency] does say, kindly, that I can just provide a receipt showing a zero balance upon returning the movie. That might be a problem, as I know my store didn't print receipts on return, nor am I sure of any that do.

That's what Photoshop is for. Make one and let them prove that it isn't authentic.
 
2012-06-19 07:08:44 PM

Mike Chewbacca: Actually, Blockbuster made all their profit off late fees. Really. The rentals only paid for the purchasing of the tapes (which were "discounted" to $66 from the MSRP of $99). Of course, that's all different now with the advent of cheap DVDs. I left BBV in 1998, so my info is outdated.


Blockbuster generates 20% of its revenues through late fees. My lifestyle does make a difference! By strategically failing, I am proactively participating in a conservative effort to expand this nation's GNP. This is my contract with America.

/Live fast
//Diarrhea
 
2012-06-19 07:15:09 PM
My finest "fight the collection agent" moment came when the state of California, during one of its periodic tax pogroms, came after me for taxes due because I had taken a tax deduction for an IRA contribution while working for a company that had a retirement plan. It took a few rounds, including sending those rapacious dirtbags (taxes due: $X, Fines/penalties/fees/interest: $3X) a copy of the company employee manual in which it stated that first-year employees like me weren't eligible to participate in the retirement plan, but ultimately I prevailed. Sadly, all of my fellow employees in the same boat just caved in to those bastards and sent them the money.
 
2012-06-19 08:47:45 PM

FinFangFark: Yeah. I walked in to that shiathole on one of its last days, saw NBA 2k10 and Modern Warfare sitting there so I bought them cheap. I paid with my CC, so these d-bags probably typed in my info from my DL into the computer, and entered it as a rental, not purchase.


Never show an ID for credit card purchases.
 
2012-06-19 09:47:08 PM
Be kind, rewind.


/otherwise another fee...
 
2012-06-19 09:56:47 PM
dafuq did i just read? non collectable debt. They are simply hoping you chose to send them the money rather than go though the effort to fight them over such a small amount.
 
2012-06-19 10:39:49 PM

rogue49: Be kind, rewind.


/otherwise another fee...


When DVDs first started hitting the rental shelves, I no shiat saw some with "Be Kind, Rewind" or "1.00 Fee if not Rewound" stickers on the case.
Maybe there was a market for those DVD rewinders after all...video shops with clueless staff.
 
2012-06-19 10:58:47 PM

quick_thinkfast: I encourage everyone I know back in America that's in a similar situation to default. Not so much on their student loans because they cannot be cleared away, but definitely on their other consumer loans if they are in a tough spot.

I have zero sympathy for the large US banks. fark em'

In the end it doesn't matter anyway. At the highest level money is created out of thin air. Dollars are not mined from the ground.


Yes, but didn't you consume goods and services with that "thin air" money? Call money a fiction, but it did provide you measurable and tangible benefit, no? You gleefully admit that you willfully breached a lawful contractual agreement. so please stay in Europe where you belong. Karma, how does it work?
 
2012-06-19 11:16:46 PM

kid_icarus: Wow. Video stores are just not going out with a single shred of dignity.

/was contacted by collections for a $8 late fee owed to Blockbuster last year


Maybe if you, and others, had actually upheld your obligations they'd not be out of business but it is getting harder to find people who can and will be honest. Your word is all you really have, when that can't be counted on you have nothing. While it may only be eight dollars, that's eight dollars that does not belong to you.

/couldn't resist
//really - I tried
/could not
 
2012-06-19 11:52:30 PM
FTFA:
Q:"I was an employee of Hollywood Video and didn't get charged late fees, how do I have a balance due?"

A: Hollywood Video/Movie Gallery had no such policy allowing employees to rent for free or have no late fees.


The fact that they have this in the FAQ means that a substantial number of people they've already hit up for this bullshiat have mentioned this policy to them and they're trying to preempt that.

Shady farking bastards.
 
2012-06-20 12:21:42 AM

buzzcut73: rogue49: Be kind, rewind.


/otherwise another fee...

When DVDs first started hitting the rental shelves, I no shiat saw some with "Be Kind, Rewind" or "1.00 Fee if not Rewound" stickers on the case.
Maybe there was a market for those DVD rewinders after all...video shops with clueless staff.


Those stickers had the security strips that set off the door alarms.
Stores bought them in bulk. No reason to waste money.
 
2012-06-20 01:22:19 AM

RibbyK: quick_thinkfast: I encourage everyone I know back in America that's in a similar situation to default. Not so much on their student loans because they cannot be cleared away, but definitely on their other consumer loans if they are in a tough spot.

I have zero sympathy for the large US banks. fark em'

In the end it doesn't matter anyway. At the highest level money is created out of thin air. Dollars are not mined from the ground.

Yes, but didn't you consume goods and services with that "thin air" money? Call money a fiction, but it did provide you measurable and tangible benefit, no? You gleefully admit that you willfully breached a lawful contractual agreement. so please stay in Europe where you belong. Karma, how does it work?


Heh... The thread was good for finding some scumbags at least. So, well, there is that. I like to farky 'em, list why, and the thread ID. I have found it comes in handy.
 
2012-06-20 01:53:08 AM

RibbyK: quick_thinkfast: I encourage everyone I know back in America that's in a similar situation to default. Not so much on their student loans because they cannot be cleared away, but definitely on their other consumer loans if they are in a tough spot.

I have zero sympathy for the large US banks. fark em'

In the end it doesn't matter anyway. At the highest level money is created out of thin air. Dollars are not mined from the ground.

Yes, but didn't you consume goods and services with that "thin air" money? Call money a fiction, but it did provide you measurable and tangible benefit, no? You gleefully admit that you willfully breached a lawful contractual agreement. so please stay in Europe where you belong. Karma, how does it work?


Obviously I don't know the guy or his situation Ribby, but I'm with you on this one. We all pay for folks like these with a few pennies here, a few pennies there, etc.
 
2012-06-20 02:05:16 AM

quick_thinkfast: FinFangFark: I just got a letter for 12 bucks in late fees from a collections place for Hollywood. This normally would make me laugh, but the problem was I didn't rent the movies it listed, I BOUGHT THEM.

Yeah. I walked in to that shiathole on one of its last days, saw NBA 2k10 and Modern Warfare sitting there so I bought them cheap. I paid with my CC, so these d-bags probably typed in my info from my DL into the computer, and entered it as a rental, not purchase.

/Worked in collections for 3 years while in college, have horrible and just pathetic, yet entertaining stories

I defaulted on 50K in credit card debt and 70Kmin private student loans, left to Europe, and will never return.


All of these accounts were linked to my google voice number, so when I choose I can log into that and see hundreds of calls.


What could you recommend I do to taunt or otherwise mess with these collectors, knowing I am pretty much untouchable as I am out of US jurisdiction?


Get another Google Voice number and forward all your calls from the first GV number to the second and then forward back to the first number.
 
2012-06-20 02:09:27 AM

Bunnyhat: buzzcut73: rogue49: Be kind, rewind.


/otherwise another fee...

When DVDs first started hitting the rental shelves, I no shiat saw some with "Be Kind, Rewind" or "1.00 Fee if not Rewound" stickers on the case.
Maybe there was a market for those DVD rewinders after all...video shops with clueless staff.

Those stickers had the security strips that set off the door alarms.
Stores bought them in bulk. No reason to waste money.


I did not know that. Now it makes more sense.

/TMYK.jpg goes here
 
2012-06-20 02:19:24 AM

buzzcut73: Bunnyhat: buzzcut73: rogue49: Be kind, rewind.


/otherwise another fee...

When DVDs first started hitting the rental shelves, I no shiat saw some with "Be Kind, Rewind" or "1.00 Fee if not Rewound" stickers on the case.
Maybe there was a market for those DVD rewinders after all...video shops with clueless staff.

Those stickers had the security strips that set off the door alarms.
Stores bought them in bulk. No reason to waste money.

I did not know that. Now it makes more sense.

/TMYK.jpg goes here




Our game when I was working at a video store, was trying to sneak one of the stickers onto one of your coworkers so that everytime they went out on the floor, the door alarm would go off.

The easiest way was to lightly put it on the back of their shirt. But we all quickly learned to look there first if we set the alarm on. So it quickly escalated to trying to hid it on someone's person in odd spots. Like slipping it in their pocket when they don't notice, or under their shoes, or in their hair.
 
2012-06-20 02:44:32 AM

quick_thinkfast: FinFangFark: I just got a letter for 12 bucks in late fees from a collections place for Hollywood. This normally would make me laugh, but the problem was I didn't rent the movies it listed, I BOUGHT THEM.

Yeah. I walked in to that shiathole on one of its last days, saw NBA 2k10 and Modern Warfare sitting there so I bought them cheap. I paid with my CC, so these d-bags probably typed in my info from my DL into the computer, and entered it as a rental, not purchase.

/Worked in collections for 3 years while in college, have horrible and just pathetic, yet entertaining stories

I defaulted on 50K in credit card debt and 70Kmin private student loans, left to Europe, and will never return.


All of these accounts were linked to my google voice number, so when I choose I can log into that and see hundreds of calls.


What could you recommend I do to taunt or otherwise mess with these collectors, knowing I am pretty much untouchable as I am out of US jurisdiction?


your situation is temporary. the future looks bleak. try again later.
 
2012-06-20 02:48:56 AM

beantowndog: I get threatening messages on my work phone telling me to call back about an important legal matter or further legal action will be taken. I don't owe money to anyone and they always call at like 8PM so I'm not here. If they ever called during the daytime I want to transfer them to the legal department.


Debt collectors cannot threaten you with legal action. It's more than likely a scam. They can sue you but they can't threaten legal action.
 
2012-06-20 02:54:12 AM
As someone who owned a small town video store at one point, I would just like to say that even after I gave up on that particular industry and shut the store down, I still have the primary computer that tracked all late fees/account balances, I keep it plugged in and running just for shiats and giggles. Last time i looked there are a few accounts that it says owe me $75k+. I'm just leaving it running until it finally gives out to see how big the late fees get on movies that were never returned when I closed the store.
 
2012-06-20 06:17:48 AM
Virtually all debts (based on contract) in most major Western democracies require the original paperwork or a certified copy to be presented to be legally upheld.

Given that the modern financial wizardry of slicing and dicing debt into bundles and resold countless times, that paperwork often doesn't exist. An awful lot of people don't legally owe the debts they think they do, if only they just asked for proof.

It's insane that a debt can be sold without the permission of both parties to the contract anyway.
 
2012-06-20 06:31:58 AM

UnspokenVoice: RibbyK: quick_thinkfast: I encourage everyone I know back in America that's in a similar situation to default. Not so much on their student loans because they cannot be cleared away, but definitely on their other consumer loans if they are in a tough spot.

I have zero sympathy for the large US banks. fark em'

In the end it doesn't matter anyway. At the highest level money is created out of thin air. Dollars are not mined from the ground.

Yes, but didn't you consume goods and services with that "thin air" money? Call money a fiction, but it did provide you measurable and tangible benefit, no? You gleefully admit that you willfully breached a lawful contractual agreement. so please stay in Europe where you belong. Karma, how does it work?

Heh... The thread was good for finding some scumbags at least. So, well, there is that. I like to farky 'em, list why, and the thread ID. I have found it comes in handy.



I understood most of you message, but "Facky 'em, list why, and the thread ID"

I don't understand what that means
 
2012-06-20 06:41:06 AM

RibbyK: quick_thinkfast: I encourage everyone I know back in America that's in a similar situation to default. Not so much on their student loans because they cannot be cleared away, but definitely on their other consumer loans if they are in a tough spot.

I have zero sympathy for the large US banks. fark em'

In the end it doesn't matter anyway. At the highest level money is created out of thin air. Dollars are not mined from the ground.

Yes, but didn't you consume goods and services with that "thin air" money? Call money a fiction, but it did provide you measurable and tangible benefit, no? You gleefully admit that you willfully breached a lawful contractual agreement. so please stay in Europe where you belong. Karma, how does it work?


Defaulting on debt is a natural part of the capitalist world. Business default on debt, banks default on debt (or would have if we didnt spend hundred of billions bailing them out), people default on debt, etc.

This is the world we live in, bailouts for all so long as you're a corporation. Well, consider this my personally invoked bailout.

The consequences of my actions were clearely spelled out in the contract. It was an 'option to take' so to speak. And I have to deal with the consequences. Or I would, if I lived in America still.
 
2012-06-20 07:07:33 AM

StrangeQ: The whole idea behind buying debt should be abolished. If I owe money to company A, under what rationale can company B come in, pay some or all of that debt, and then claim that I owe them instead? Not only does it remove any incentive from company A to create conditions in which that debt would not become an issue in the first place since they can always just sell it off with little or no justification, but I made no contract with company B, how can they just swoop in and suddenly demand that I pay up when I have made no transaction with them whatsoever?


You know how I know you didn't read the terms of the contract you signed when you went into debt? The transferability to a collections agency is right in there.
 
2012-06-20 08:53:25 AM

Britney Spear's Speculum: beantowndog: I get threatening messages on my work phone telling me to call back about an important legal matter or further legal action will be taken. I don't owe money to anyone and they always call at like 8PM so I'm not here. If they ever called during the daytime I want to transfer them to the legal department.

Debt collectors cannot threaten you with legal action. It's more than likely a scam. They can sue you but they can't threaten legal action.


I know at least one other person that works here that gets similar messages. I get the impression they got into our switchboard and mashed numbers until they found names that matched their list. I'll never call them back or give them any information.
 
2012-06-20 09:27:19 AM

mat catastrophe: FTFA:
Q:"I was an employee of Hollywood Video and didn't get charged late fees, how do I have a balance due?"

A: Hollywood Video/Movie Gallery had no such policy allowing employees to rent for free or have no late fees.


The fact that they have this in the FAQ means that a substantial number of people they've already hit up for this bullshiat have mentioned this policy to them and they're trying to preempt that.

Shady farking bastards.


Former Hollywood Video register jockey here. I can't speak to formal corporate policy, but we WERE encouraged to check out movies/games for free by our stores. Theoretically, it was to make us knowledgeable about the product, but in practice, it was just an awesome employee benefit, one I and everyone else made immense use of. We did have to actually scan them and check them out, not just walk out the door with them, but our employee accounts automatically made them free in the system, so I'm assuming corporate approved the practice.

That said, we DID have to pay late fees. In practice nobody ever did, but that's because you just had to scan it as checked back in, then check it right back out immediately. As long as you came in to work every five days, or called your buddy who was working that day to check it in by the number in the system, you'd never get charged. If you didn't do that, though, you would get charged a late fee same as anyone. Long as the store manager was a decent guy he'd go ahead and void it anyway, but corporate never knew about that part, so collecting on the non-voided fees is no less reasonable for a former employee than it would be for anyone else.
 
2012-06-20 09:35:49 AM

jjorsett: My finest "fight the collection agent" moment came when the state of California, during one of its periodic tax pogroms, came after me for taxes due because I had taken a tax deduction for an IRA contribution while working for a company that had a retirement plan. It took a few rounds, including sending those rapacious dirtbags (taxes due: $X, Fines/penalties/fees/interest: $3X) a copy of the company employee manual in which it stated that first-year employees like me weren't eligible to participate in the retirement plan, but ultimately I prevailed. Sadly, all of my fellow employees in the same boat just caved in to those bastards and sent them the money.


About twenty years ago my condo burned down. The construction company hired to rebuild it sent out outrageous bills after to all of the owners. The woman upstairs got $25/per light socket to change the cover plates from off white to white. I got billed for adding and then removing pantry and 1200 sf of carpet in a 750 sf condo. Eleven units knuckled under so they wouldn't have their credit hurt I challenged the bill. They ignored the challenge and turned the debt over to collection and then took me to court. I did loose, of the $1700 they were seeking I had to pay $25 plus court cost of $80.
 
2012-06-20 10:09:50 AM
FingFangFark: It's like automotive financing now...I remember growing up, and if you paid cash for a car, you could get a damn good deal. Now they are so pressed and dependent on you financing, they don't want you to. I walked in to numerous dealerships with 22k cash to buy my wife a car, and I can tell you almost all of them didn't want to go down on the price, and were pushing me to finance the 2/3k different. Really?

If you have cash, you have power. Be direct and let them know you're contacting every dealership within an hour's drive and at exactly X o'clock tomorrow, you'll buy from whichever dealer quoted you the lowest out-the-door price on the car you want.

Using Game Theory to Buy a Car
 
2012-06-20 10:28:11 AM
Interesting what is not being discussed here:

The fact that you can be a loyal employee, take advantage of a generous benefit from your employer...said employer goes tits up and suddenly goes after former employees for bogus fees. Yeah, I know it is a scummy collection agency, but still, HV chose to sell their debts to them and chose not to remove the bogus "employee debts".

This to me, just shows that being loyal to a company is worth fark-all in the end as they simply have no obligation to be loyal to you and will shiat on you in the end.
 
2012-06-20 10:43:23 AM

quick_thinkfast: Yes, but didn't you consume goods and services with that "thin air" money? Call money a fiction, but it did provide you measurable and tangible benefit, no? You gleefully admit that you willfully breached a lawful contractual agreement. so please stay in Europe where you belong. Karma, how does it work?

Defaulting on debt is a natural part of the capitalist world. Business default on debt, banks default on debt (or would have if we didnt spend hundred of billions bailing them out), people default on debt, etc.

This is the world we live in, bailouts for all so long as you're a corporation. Well, consider this my personally invoked bailout.

The consequences of my actions were clearely spelled out in the contract. It was an 'option to take' so to speak. And I have to deal with the consequences. Or I would, if I lived in America still.


Lemme recap your thought process
1. Sign an agreement
2. Consume US$100K+ of goods and services
3. Deliberately default (perhaps with forethought?)
4. And though the agreement has consequences, you run away so you don't have to pay
5. Rationalize your actions with "it's just capitalism at work"
6. Boast of your actions from afar in an anonymous forum

Personal responsibility, how does it work? Don't be surprised when your 3 children follow in your footsteps.
 
2012-06-20 10:49:43 AM

RibbyK: quick_thinkfast: Yes, but didn't you consume goods and services with that "thin air" money? Call money a fiction, but it did provide you measurable and tangible benefit, no? You gleefully admit that you willfully breached a lawful contractual agreement. so please stay in Europe where you belong. Karma, how does it work?

Defaulting on debt is a natural part of the capitalist world. Business default on debt, banks default on debt (or would have if we didnt spend hundred of billions bailing them out), people default on debt, etc.

This is the world we live in, bailouts for all so long as you're a corporation. Well, consider this my personally invoked bailout.

The consequences of my actions were clearely spelled out in the contract. It was an 'option to take' so to speak. And I have to deal with the consequences. Or I would, if I lived in America still.

Lemme recap your thought process
1. Sign an agreement
2. Consume US$100K+ of goods and services
3. Deliberately default (perhaps with forethought?)
4. And though the agreement has consequences, you run away so you don't have to pay
5. Rationalize your actions with "it's just capitalism at work"
6. Boast of your actions from afar in an anonymous forum

Personal responsibility, how does it work? Don't be surprised when your 3 children follow in your footsteps.


Living well within my means in my new country. I learned my lesson. Won't do it again.


My credit card is paid in full here every month, and I mostly use cash now anyways. Nice healthy reserve of roughly 6 months pay sitting in the bank, too.


Certainly nice not having the burdon of 120,000 of debt over my head. Live and learn.
 
2012-06-20 11:47:05 AM

FinFangFark: quick_thinkfast: FinFangFark: I just got a letter for 12 bucks in late fees from a collections place for Hollywood. This normally would make me laugh, but the problem was I didn't rent the movies it listed, I BOUGHT THEM.

Yeah. I walked in to that shiathole on one of its last days, saw NBA 2k10 and Modern Warfare sitting there so I bought them cheap. I paid with my CC, so these d-bags probably typed in my info from my DL into the computer, and entered it as a rental, not purchase.

/Worked in collections for 3 years while in college, have horrible and just pathetic, yet entertaining stories

I defaulted on 50K in credit card debt and 70Kmin private student loans, left to Europe, and will never return.


All of these accounts were linked to my google voice number, so when I choose I can log into that and see hundreds of calls.


What could you recommend I do to taunt or otherwise mess with these collectors, knowing I am pretty much untouchable as I am out of US jurisdiction?

well pull a credit report to see if any have sought and were award judgments on you for that debt. If not, and it's been passed 10 years (there is a 7 year statute I say wait 7-10 years, but that is from the date they "charge off", which is the only time a debtor should worry about that term)

If it's passed 7 years and you have no judgments, you can send them correspondence telling them to fark off. No seriously...you can.

I remember my first collections job was for a crappy little place in Austin. One of my accounts was a 60k credit card. I pulled the paperwork, it turns out it was a guy who's wife had died, and he said fark it...he charged up all his cards, took out a loan for 100k to buy a travel camper, and just took off on the road. The number we had was for his family, which legally we could call b/c he put it down at one point for his address with the post office.

Like I said, I have dozens of funny ass stories.

I'd be concerned about the 70k in student loans if you ever come ...


Here's another thing, if you were in the States, you would check the state you lived in to see what the default period that they have to file for a judgement is. For instance in Texas, where i live, it is four years from date of "default".

Back in 2006-2007, I was paying off a large amount of debt after a divorce through a credit counseling service and one of the people I owed $ to (Amex) suddenly wrote off the debt in Sept 2007 even though I had been paying consistently on it for 2 years. Both me and the credit agency contacted them and they told us it would be written off and we were not to worry about it. We asked for and received written verification of this as well.

Fast forward 2 years, I find that they listed it as a charge off on my FICO in spite of them telling me the contrary. I decided to go ahead and wait out the 7 years then get it removed. It's now been 4.5 years later, six months beyond when they could have filed a judgement on me in my state and there is no judgement on my credit record. I have not received any collection calls either ever. If I do, will play stupid and not work with them so as not to get the clock started again.

Go figure.....the point is to check with your state to see how long a creditor has to file a judgement. For most states, its 3-5 years..........
 
2012-06-20 12:22:11 PM

Death_Poot: FinFangFark: quick_thinkfast: FinFangFark: I just got a letter for 12 bucks in late fees from a collections place for Hollywood. This normally would make me laugh, but the problem was I didn't rent the movies it listed, I BOUGHT THEM.

Yeah. I walked in to that shiathole on one of its last days, saw NBA 2k10 and Modern Warfare sitting there so I bought them cheap. I paid with my CC, so these d-bags probably typed in my info from my DL into the computer, and entered it as a rental, not purchase.

/Worked in collections for 3 years while in college, have horrible and just pathetic, yet entertaining stories

I defaulted on 50K in credit card debt and 70Kmin private student loans, left to Europe, and will never return.


All of these accounts were linked to my google voice number, so when I choose I can log into that and see hundreds of calls.


What could you recommend I do to taunt or otherwise mess with these collectors, knowing I am pretty much untouchable as I am out of US jurisdiction?

well pull a credit report to see if any have sought and were award judgments on you for that debt. If not, and it's been passed 10 years (there is a 7 year statute I say wait 7-10 years, but that is from the date they "charge off", which is the only time a debtor should worry about that term)

If it's passed 7 years and you have no judgments, you can send them correspondence telling them to fark off. No seriously...you can.

I remember my first collections job was for a crappy little place in Austin. One of my accounts was a 60k credit card. I pulled the paperwork, it turns out it was a guy who's wife had died, and he said fark it...he charged up all his cards, took out a loan for 100k to buy a travel camper, and just took off on the road. The number we had was for his family, which legally we could call b/c he put it down at one point for his address with the post office.

Like I said, I have dozens of funny ass stories.

I'd be concerned about the 70k in student loans if ...


Yeah, 3-5 of charge of date...meaning not when you stopped paying, but when the creditor either completely closed the line of credit and sold it to another company.

I'm surprised AMEX didn't come after you tooth and nail...those guys are pretty hardcore compared to most other banks, mainly because they are a PIF line of credit.

I'm also in Texas, and man, I dubbed this the "deadbeat state" because there is a lot of protection for debtors, that collection companies know if you're not gonna need the debt resolved to finance, and they aren't going to sue you, you're in the clear.

I was a stern collector, and could be a big a-hole, but that was if people called to yell at me. My favorite was working the inbound side, because that point people were calling to resolve it so they could buy a car or home, and the playing field was more level. You'd be surprised how most people would just lie out there teeth for sympathy "I'm on a fixed income, so I can only pay 50 bucks a month on a 10k debt", but I pull their credit report, and there are inquiries that day from a Mercedes dealership. Normally I'd be cool and give them a deal, because let's face it, you know you owe the debt, so don't act like you're not to blame...but if someone was outright full of shiat, Yeah, I'd stick it to them.
 
2012-06-20 01:54:22 PM

quick_thinkfast: I encourage everyone I know back in America that's in a similar situation to default. Not so much on their student loans because they cannot be cleared away, but definitely on their other consumer loans if they are in a tough spot.


I have zero sympathy for the large US banks. fark em'


In the end it doesn't matter anyway. At the highest level money is created out of thin air. Dollars are not mined from the ground.


Whatever helps you sleep at night...

I'm not a fan of large banks either, but I feel better about myself when I pay what I owe. Otherwise, I'd be no better than the banks, screwing people over with no compassion.
 
2012-06-20 03:43:03 PM

stewbert: quick_thinkfast: I encourage everyone I know back in America that's in a similar situation to default. Not so much on their student loans because they cannot be cleared away, but definitely on their other consumer loans if they are in a tough spot.


I have zero sympathy for the large US banks. fark em'


In the end it doesn't matter anyway. At the highest level money is created out of thin air. Dollars are not mined from the ground.

Whatever helps you sleep at night...

I'm not a fan of large banks either, but I feel better about myself when I pay what I owe. Otherwise, I'd be no better than the banks, screwing people over with no compassion.


Depends on the night. Weekends it's usually alcohol that makes me sleep at night. During the work week a couple hits of herb. If I really can't sleep Diphenhydramine.

When I first started defaulting, when the first bills became passed due, there were lots of sleepless nights. "Did I make the wrong decision?"

Those nights have long since passed. The debts have long since passed 180 days late - the timeframe after which banks need to charge off their non performing accounts.

I sleep easy. Too often people bring morals into this equation. Morals have nothing to do with it. Contract law between me and a bank that literally borrows money, created out of thin air, at 0% and lends it to people at upwards of 30% in some instances.



fark em'
 
2012-06-21 04:40:42 AM

UnspokenVoice: Heh... The thread was good for finding some scumbags at least. So, well, there is that. I like to farky 'em, list why, and the thread ID. I have found it comes in handy.


Yet I don't see you complaining about the scumbag debt collector in the article. Probably because you yourself are a scumbag.
 
2012-06-21 01:16:00 PM
I was a manager at Hollywood Video, so I just want to point out that this Zeke guy is lying. Us employees DID have to pay late fees. We could check out any game or movie that has been out for at least 2 weeks for up to 5 days. If we didn't return them or re-check them back out to ourselves, our own employee accounts absolutely would show late fees. Now, managers and shift leaders had the opportunity to delete late fees from accounts, but that will just get you into trouble if you do it on employee accounts. My district manager specifically told me not to delete any fees from employee accounts and to monitor everyone's account.
 
2012-06-22 11:58:13 AM

quick_thinkfast: stewbert: quick_thinkfast: I encourage everyone I know back in America that's in a similar situation to default. Not so much on their student loans because they cannot be cleared away, but definitely on their other consumer loans if they are in a tough spot.


I have zero sympathy for the large US banks. fark em'


In the end it doesn't matter anyway. At the highest level money is created out of thin air. Dollars are not mined from the ground.

Whatever helps you sleep at night...

I'm not a fan of large banks either, but I feel better about myself when I pay what I owe. Otherwise, I'd be no better than the banks, screwing people over with no compassion.

Depends on the night. Weekends it's usually alcohol that makes me sleep at night. During the work week a couple hits of herb. If I really can't sleep Diphenhydramine.

When I first started defaulting, when the first bills became passed due, there were lots of sleepless nights. "Did I make the wrong decision?"

Those nights have long since passed. The debts have long since passed 180 days late - the timeframe after which banks need to charge off their non performing accounts.

I sleep easy. Too often people bring morals into this equation. Morals have nothing to do with it. Contract law between me and a bank that literally borrows money, created out of thin air, at 0% and lends it to people at upwards of 30% in some instances.



fark em'


Morals should have something to do with it. For both businesses and consumers. Borrowing money you have no intention of paying back, or later deciding to stop paying (without a significant event, like medical issues) puts a person in the same category as a bank that heartlessly charges BS fees or applies the largest debits first. Just IMO.
 
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