In trying to cover all my bases, I want to make sure I haven't made an incorrect assumption. If I settle with an OC, does the power to have a CA tradeline deleted from a CRA rest with the OC or with the CA? In other words, if the OC agrees that all references to the account are to be deleted in exchange for full payment, is this agreement actually enforcable? (Or could the CA just note the tradeline as "paid" and let it sit there if they simply wanted to be punitive, even though the OC agreed to deletion?) Thoughts? DemPooches
If the CA owns the debt, then that is not so. =============================== Actually CAs and OCs own accounts not debts.
No actually YOU'RE wrong. In the world of commercial paper the CA buy's the debt and therefore becomes the owner of the debt. Lizardking is precisely correct.
All debts are accounts - but all accounts are not debts. No actually YOU'RE wrong. In the world of commercial paper the CA buy's the debt and therefore becomes the owner of the debt. Lizardking is precisely correct. BUTCH =========================== Accounts that aren't owed are not debts- CAs buy and or try to collect a lot of these.
