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I paid but now CBV is calling

Printed From: CanadaStudentDebt.ca
Category: Other Topics
Forum Name: Describe your Debt Load!
Forum Description: Post stories of your debt and how it affects you and your family
URL: https://www.canadastudentdebt.ca/forum_posts.asp?TID=2537
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Topic: I paid but now CBV is calling
Posted By: York grad
Subject: I paid but now CBV is calling
Date Posted: 11/April/2005 at 11:27am

I have recently been contacted by CBV re OSL from 98.  I have a letter of FUll and Final Release from Allied International re my Royal bank loan from 98 that acknowledges payment and "forever discharges" me from monies owed from my RB student loan account.  I have faxed the release to Collections Mgmt Unit (Vijay) recently and am still waiting for a reply.

Does anyone know how to get the CA off my back?




Replies:
Posted By: momof2
Date Posted: 11/April/2005 at 12:22pm

are you postive the letter of release os for your OSL and not your CSL ??

souyndslike you would be awfully close to the statute of limitations regardless.

Vijay should be able to help you get to the bottom of things, from what i have heard about him.

keep us posted on how things go



-------------
professionals built the titanic but amateurs built the ark...


Posted By: York grad
Date Posted: 12/April/2005 at 10:09am

In Sept 97 I stopped paying on my loans because I was in school full time and completing some final exams which I finished in Dec.  In Jan. 98 I was contacted by AIC re my student loans with Royal Bank.  They harassed me for about 2 months (1-3 calls per day at home).  I offered to settle and paid them.  THey gave me a FUll and Final Release which stated

"that the Royal Bank Student Loans...in consideration of settlement and payment of $3,000.00...forever discharges [me]...of all actions, causes of action, claims and demands which Royal Bank Student Loans and it's respective administrators, successors or assigns hereafter can, shall or may have by reason of, relating to or arising out of Royal Bank Student Loans Account".

About a year later I received a letter from OSL saying that RB has applied for the guaranteed portion.  I spoke to someone at OSL who said they would get back to me and never did.  I never contacted them again (why poke the bear?).  I figured that since RB applied for relief after the Release was signed, I was free and clear of any demands by OSL.  Let OSL and RB duke it out.

Any thoughts?



Posted By: York grad
Date Posted: 12/April/2005 at 5:56pm

Another call from CBV.  I had a message on my machine on Friday from J.L. to call a 1-888 number re an "urgent business matter".  Called on Sat and discovered it was CBV.

I received another call today from J.L.  I asked if she was the one who left Friday's obscure message without identifying her company. She denied calling and leaving a message on Friday.  Then triumphantly asked how I knew it was CBV.  "Because I called the number on the weekend con artist." was my eloquent response.  We argued over whether I should be responding to her questions or if she should be talking to OSL.  I told her I was reporting her company to Consumer affairs for harassment and then I hung up.

Are all CA employees masochists?  They push and push until you can't take it.




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