Re: Purchased debt not under FDCPA?
I am undergoing the same situation. A CA purchased my debt from the original creditor. Puts in on my credit report as an OPEN item, with a 120+ days late notation.
In the letter they sent (which was sent my mothers home...she sent to me) they say, "We will provide you will all the documents if you reply within 30 days", if not, we'll just tell you the name. WTF??? They don't have to right to decide what they do after 30 days or not!
Not to mention, re-aging the account and making it look like it's current is BOGUS. I don't know what to do about this.
I sent a validation letter....I haven't heard anything. However, because I am trying to apply for a mortgage, I sent a payment for deletion letter also. I haven't heard anything yet...from either letter.
In addition, aren't they supposed to be reporting this as "disputed" on my credit report?
From the depths of Sub-prime Hell....and still I RISE!!