Hello Everyone, I'm so frustrated.. I have 2 collection accounts... The first one I have disputed over and over again w/ CRA and CA to delete TL which the account was sold back on 2002, The second one is from CA who bought the account so I sent validation letter to the CA and needless to say, I rec'd a letter stating that the account was closed for not having proper documentation from the original CA. I have sent (2) letters to the original CA to delete TL since they cannot verified the debt and they replied back Account sold and they keep ingnoring my demands I'm not too familiar with the laws but I'm certain that the original CA and the CA who bought the account are reporting incorrect on my CR. What would be my next step? Thank you.
If I understand your situation correctly, then the thing you need to do is file a dispute with Equifax/Transunion/Experian. I had a similar situation where a collection acct was sold to another company, and so I no longer owed them the debt. I disputed the item and a month later it was gone! I guess it just all depends on the collection agency though....
Make old CA validate then when you receive Return Receipt back immediately dispute it with CRA. If they verify with the CRA then they are in violation of hte FCRA for collecting without validating.
