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You received a letter from PO box 1120 Charlotte NC.
It’s unmarked.
There’s good news and bad news, so let’s start with the bad news first.
- The bad news is that it’s from a debt collection agency.
- The bad news is that you probably are getting lots of these calls and can’t afford to pay anyone.
- The good news is that there is a simple way to stop these communications.
- The good news is that it’s probably not a lawsuit as we will cover later in this article.
So, you may want to stop Jefferson Capital today, so your voicemail can stop always being full and you you can regain peace of mind as you figure out your debt hardship.
3 Option for you NOW
1) Credit Score ANY – Is This Jefferson Capital Debt Valid?
This can be for anyone with a credit score below 550 or above 550, but have you confirmed that this debt is a valid debt? Who is the original creditor? If you know that this debt is not yours, you can force the firm to validate the debt.
You can hire an attorney, do this yourself, or can use Solosuit below for a small fee to force the creditor to validate that the debt is yours.
2) Credit Score Below 620 – Do you need debt relief?
Many people cannot afford the debt with collection agencies such as Jefferson Capital, and do not want to WAIT TO BE SUED for the unpaid debt, so they would like to get ahead and find debt relief option that work with their budget.
If this is you, consider taking the free debt relief calculator that considers your income and your debt to provide debt relief option that you can compare.
3) Credit Score Above 620 – Can You Settle with Jefferson Capital?
Are you in a position where you could get an unsecured debt consolidation loan that you can use to help settle this debt and potentially other debt that is in collections. Here’s 2 different options that you can check your rate without affecting your credit.
What Is Jefferson Capital Systems
Jefferson Capital Systems is a debt collection agency that was founded in 2002. It’s a pretty big firm as there are an estimated 22,200 Google searches per month for Jefferson Capital Systems, a debt collection agency. The company is located in St. Cloud Minnesota The letter may not have that information because the company doesn’t think you will open correspondence from a debt collector. The letter may be related to unpaid Verizon wireless debt.
Is this A Lawsuit?
One thing to consider is whether this letter is Jefferson Capital Systems may take you to court for the unpaid debt, seek a judgment, and then garnish your wages.
Thankfully, as this wasn’t served by a sheriff, this is most likely not a debt collection lawsuit. That said, before you start getting hounded with calls from debt collectors, you may want to check out our article covering how to STOP Jefferson Capital Systems today.
Are Jefferson Capital Systems Legitimate?
Jefferson Capital Systems has an accredited A- Rating on BBB, and the agency specializes in collecting on unpaid debt. That said, it has a 1.39 rating based on 5 rating.
That said, on Google, Jefferson has a 1.6 rating based on 400 reviews.
Many collection agencies begin with calls, letters, and potentially emails and texting before they will sue you. A lawsuit can be a costly endeavor, and it can also cause additional stress to you when you are probably already feeling strapped.
So, let’s say you just got your first letter from Jefferson Capital Systems stating that the original creditor just handed over the account to them.