- 4 - 1998 statement. Mr. De Shon again disputed the amount of the balance due. The credit card statement as of September 26, 1998, indicated that petitioners incurred a late fee of $25, an overlimit fee of $25, and finance charges of $147. The account balance was $7,828. The statement contained language indicating that the account was past due and demanded payment of such amount. The credit card statement as of October 26, 1998, indicated that petitioners incurred a late fee of $25, an overlimit fee of $25, and finance charges of $146. The account balance was $8,024. The statement contained language indicating that the account was past due and demanded payment of such amount. In November 1998, Mr. De Shon submitted to Discover a written dispute. In response to Mr. De Shon’s inquiry, petitioners received from Discover a collection letter dated December 12, 1998, concerning the delinquency of $8,229 in account 790. The letter stated in part as follows: As you know, your account is now four months past due. We feel that we have been patient in handling your account, but you have not cooperated with us to take care of this serious matter. To protect Discover Card’s interest, we must now take action. We expect you to send a substantial payment immediately along with your plan for future monthly payments to clear this delinquency. Please contact us today so that we may discuss this matter.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Next
Last modified: May 25, 2011