Sunday, January 30, 2005

CREDITWRENCH and estoppel Part III

CREDITWRENCH CEO Bill Bauer now admits to, not only using an estoppel approach in an attempt to "trick" collection agencies, but, to use his words, it's nothing but "mumbo jumbo".


If you're thinking about using CREDITWRENCH, the "trick" next time could very well be on you. Once a collection agency receives the estoppel letter, their attorney will immediately realize that you have no idea what you are doing, and could very well simply decide to take you to court. Leaving you to stand in front of a judge with nothing in your hand but CREDITWRENCH'S "mumbo jumbo".


As a side note, under the Enormous pressure being brought to bear on CREDITWRENCH, CEO Bill Bauer today further admitted that, as he learned from my blog, nothing requires a collection agency to respond to a validation request. However, he continues to sell his services under the guise that you can sue them if they don't respond. Perhaps you'd like to file suit and stand in front of judge with that piece of "mumbo jumbo" too.






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