Federal Pacific Collections Services
New angle on an attempt to collect a debt that is beyond the Statute of Limitations

With the government bailout of the banking industry, Federal Pacific has stooped to new lows. I've been getting regular calls from Josh with Federal Pacific regarding a car loan I defaulted on over 10 years ago. He has threatened repeatedly to turn this matter over to the IRS for collections.

I became "legally blind" in 1997 and had difficulty in keeping up with the payments as I was no longer able to earn the kind of money I had previously. SSDI is barely enough to survive on with a household of 4. The car was reposesed in August 1998, and subsequently sold at auction.

I received a letter from the lender requesting payment of the remaining balance. The debt has changed hands numerous times in the last 10 years, and aparently the "interest and fees" has grown over that time.
Josh is insistant that I settle on over $11,000 or he will be forced to turn this over to the IRS for collections. The "Statute of Lmitations" in North Carolina, where the loan origionated is 3 years for this type of secured loan. There needs to be an end to this harrassment!

Company: Federal Pacific Collections Services
Country: USA
State: Utah
City: Salt Lake City

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