Subscribe to our mailing list

X

Williams & Fudge Are Trying to Get Us to Pay For Student Loans They Can’t Prove

By on February 14, 2018

Question:

Dear Steve,

My husband and I co-signed two student loans for our daughter in 2002 and 2004. My question is this: what connection, if any, does National Enterprise, National Collegiate Trust and where can I find the chain of ownership? Williams & Fudge is now (6 years after the last payment was made) demanding payment. I put our daughter in touch with the collection agency that called me in 2015 (?) and she paid off two loans which I believe are the same loans that Williams & Fudge are referring to. Another question is, if they cannot sue us for the money can they still report to the credit bureaus if they can’t provide the chain of transfer?

Mary Louise

Answer:

Dear Mary Louise,

Williams & Fudge is a collection agency. They can demand payment all they want, even if the debt is past the Statute of Limitations.

The loans sound very problematic and have a good chance of not being able to be proven to be valid given the underlying lenders.

They can absolutely report to the credit bureaus and you can absolutely dispute it is a valid debt.

I think you should contact an attorney who has handled similar issues. Hopefully, you can find someone on My List of Student Loan Attorneys You Should Consider for Assistance.

There are a couple of reasons contacting an attorney in this situation would be a smart move.

First, an attorney can help you to attempt to validate the debt. Second, if the debt can’t be validated it is quite possible Williams & Fudge may be violating the Fair Debt Collection Practices Act with their incorrect or misleading claims.

The cost of an attorney to represent you will be a small price to pay for someone to use the law to defend you. Otherwise, Williams & Fudge can pretty much get away with anything to attempt to collect.

READ  Williams & Fudge, Inc - CFPB Complaint

morehelp1
Choice1 Choice2 Choice3 Big Hug!
Get Out of Debt Guy - Twitter , G+ , Facebook
If you have a credit or debt question you'd like to ask just use the online form .

Last step, fill out the information below or call us for Priority Assistance.

What problems are you having with your report?

Your first name is required. Your first name is required to be at least 2 characters. Your first name cannot be longer than 50 characters.
Your last name is required. Your last name is required to be at least 2 characters. Your last name cannot be longer than 50 characters.
Your email is required.
Your phone is required. Your 10 digit phone number is required.
Your state is required.
Your age is required. Your age must be greater than 18. Your age must be less than 100.

By clicking on the "Contact Me" button above, you consent, acknowledge, and agree to the following: Our Terms of Use and Privacy Policy and to receive electronic communications. We take your privacy seriously. That you are providing express "written" consent for Debt.com or appropriate service provider(s) to call you (including through automated means; e.g. autodialing, text and pre-recorded messaging) via telephone, mobile device (including SMS and MMS - charges may apply), even if your telephone number is currently listed on any internal, corporate, state or federal Do-Not-Call list. Consent is not required as a condition to utilize Debt.com services and you are under no obligation to purchase anything.

By clicking on the “Contact me” button above, you consent, acknowledge, and agree to the following: (1)That you are providing express “written” consent for Lexington Law Firm, Debt.com or appropriate service provider(s) to call you (including through automated means; e.g. autodialing, text and pre-recorded messaging) via telephone, mobile device (including SMS and MMS – charges may apply), or dialed manually, at my residential or cellular number, even if your telephone number is currently listed on any internal, corporate, state or federal Do-Not-Call list; and (2)Lexington Law’s Privacy Policy and Terms of Use and Debt.com’s Terms of Use and Privacy Policy. Consent is not required as a condition to utilize Lexington Law or Debt.com services and you are under no obligation to purchase anything.

About Steve Rhode

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

3 Comments

  1. Mary Louise

    August 6, 2018 at 10:02 am

    Hi again, Steve! Just wanted to keep you up to date on the situation. Once I notified W&F that we had retained legal representation, we never heard back from them. Thanks for your help!

    • Steve Rhode

      August 14, 2018 at 10:12 am

      Great update. Thanks.

  2. Mary Louise

    February 14, 2018 at 4:40 pm

    Williams & Fudge wants us to pay on an old student loan.

Share a Comment / Leave a Reply

%d bloggers like this: