From: jreiser@scott.skidmore.edu (jason reiser)
Subject: Credit Rating & $$$ Collectors?
Organization: Skidmore College, Saratoga Springs NY
Date: Wed, 15 Apr 1992 06:07:12 GMT

Perhaps someone out there can help me.
I received the following letter from an attorney's office representing
a company that I do have an outstanding ballance with.  The company is
a water company in Saratoga Springs, NY.  I had a water cooler and
received water deliveries from the company.  
In February, I decided that I no longer required their service.
The cooler was picked up and I was told that I would receive the
final bill in the mail.  I have never received a bill from them
regarding what is a $55.36 ballance including interest at 18%
APR.  Please read this copy of the letter I received and let me know
if they have any right or reason to ask the questions that they 
do, and if this can affect my credit rating.
 
********************************************************************
         Letter From Walrath and Rosenblum, Attorneys at Law
********************************************************************
 
Reiser, Jason
Skidmore College
Saratoga Springs, NY 12866
 
RE: Excelsior Spring Water Co.      Balance: $55.36    + interest
 
The above account has been referred to us for litigation.  Our next
action will be to issue a Summons and Complaint for service upon 
you which may increase the amount you owe by court costs, and 
attorneys fees.  If you intend to avoid litigation and pay this off,
contact this office immediately.  Please refer to your account 
number ##### in all communication with this office and provide the
information requested below.
 
Questionaire for repayment.(Please fill out and return to this office)
 
	1) State full name, date of birth and social security number.
 
 
 
	2) Name and address of employer and your job title.
 
 
 
	3) Name and address of the bank where you maintain a checking
and/ or savings account.
 
 
 
Very truly yours,
 
------signature------
 
BY: George L. Sarachan
Walrath and Rosenblum
Attorneys at Law
 
********************************************************************
	Copy of letter sent in return to Walrath and Rosenblum
********************************************************************
 
					Jason Adam Reiser
					Skidmore College
					Saratoga Springs, NY 12866
 
Mr. George L. Sarachan
Walrath and Rosenblum
732 Madison Avenue
Albany, NY 12208
 
Dear Mr. Sarachan,
	I received a letter from your office on April 14th stating
that I owe Excelsior Spring Water Company "$55.36  + interest".
To the best of my knowledge, this amount includes interest as per
agreement with Excelsior Spring Water Company at an APR of 18%
after 30 days.  I have enclosed a check in that amount to cover
all fees currently owed to Excelsior Spring Water Company.
	I have chosen to keep the letter from you office for my
records.  My account # with you is #####.  If you find it necessary
to obtain further information regarding the status or location of
my bank accounts, my employment status or record, or my social
security number, I would ask that you contact me for such information.
	I do not dispute the validity of this debt, however I would
like you to be made aware of the following regarding your client.
		I closed my account with Excelsior Spring Water 
		Company in February and know that I did have an
		outstanding balance with them.  I was told that I 
		would receive a bill at the beginning of the next
		billing cycle (about a month).  I have never received
		any information from them regarding my balance with 
		them.  I hope that this will not adversely affect my
		credit rating, as this bill has now been paid in full.
		Also, please contact me if there are any further
		interest charges for which I have not made payment.
 
				Sincerely,
 
				-----signature-----
				Jason Adam Reiser
*********************************************************************
 
Can they legitimately use information regarding my SS#, DOB, bank
accounts, etc.?  What for?  Are they going to contact me to attempt to
acquire it?  Most importantly, CAN THIS AFFECT MY CREDIT RATING?
(Right now it's excellent!)
 
Thanks for your help!
 
Please respond either here or via E-Mail.
 
				- Jason Reiser
 
 
  /\/\/\/\/\/\/\/\/\/\/\/\/\/\/\/\/\/\/\/\/\/\/\/\/\/\/\/\/\/\/\
  \                                                            /
  / Jason Reiser  Skidmore College, Saratoga Springs, NY 12866 \
  \            E-Mail at jreiser@scott.skidmore.edu            /
  /                    Or Call 518-581-7079                    \
  \                                                            /
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