I was contacted by a CA concerning a debt owed to Microsoft. I asked for help and Nana stepped up to the plate. Nana told me to see if the CA was licensed or bonded and I checked with the state and bingo...they are not, so I fired off a letter to them and now if they try anything else they are in violation of state law as well as FDC. Good job Nana, this was sooo easy to squash a CA and feels so good. As she says this should be the first thing to do when contacted by a debt collector.
We've always needed a "Go To" expert when it comes to licensing and bonding. It's all state specific and can be complex. Thanx Nana. Looks like you're our resident expert. .
That is great except for the next step for the CA, which is to sell or assign the debt to another CA that IS bonded and liscensed in that state. I have seen this popular on hefty piriced judgments. It's not a definate that this would happen, but the CA or the OC has the option to assign the account to another party.
Waving at BUTCH! Hiya, Butch.. Happy New Year, Butch! Trent: The good news is that I've never had that happen (sold, that is)..but the accounts I was dealing with were small accounts like you mentioned... I guess anything's possible...but my experience has been (fortunately) not that! See, they don't want you to report them to Ms. Weston/the State... they know you can cause them grief by the State..so you have a little something on them and most won't want to upset you too much...esp. for $200 bucks
