Sunday, January 28, 2007

Debt Validation for collection companies

Hello Bo:Thank you for such a wonderful website and helpful information. However, I have a question that I could not find an answer to on your site. I had a credit card debt that was charged off from the original creditor in 2000. It was then sold to a collection agency #1 so I have 2 negative marks for the same debt. While I was making payments to collection agency #1, it was then sold to another collection agency #2. After that, I stopped making payments and was not bothered by any collectors. The negative mark from the original creditor is scheduled to be removed this year in May. Just the other day, I received a phone call from collection agency #2 in regards to the debt.My question is, after the debt is removed from my report by the original creditor due to the 7 year mark, would the collection agencies have to remove their mark too because it is the same debt?? Your reply would be greatly appreciated. Thank you,
Live Human
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Bo Majors
to Live Human
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Jan 25 (4 days ago)
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