Hello everyone like to say it's great community. I have question that keeps bothering me. When a OC has sold your debt to a collection agency, does that mean they don't own the debt any more? Now my question is how they are allowed to keep reporting negative in info ( charge off ) when they no longer own the debt. My point is if the fact that they keep reporting negative is considered attempting to collect by the law, which i believe it is. So how can you attempt to collect on debt that no longer belongs to you? I hope u get it please explain.
Thx 4 All