Can old CA validate subsq CA debt?

Discussion in 'Credit Talk' started by 3dayevntr, Feb 25, 2004.

  1. 3dayevntr

    3dayevntr Well-Known Member

    Lets say you have a tradeline, a CC, that has been CO, and the debt is sent to a CA, then sent to another CA.

    If you attempt to validate with the first CA, are they "allowed" to validate if they no longer "own" or are "assigned" the debt?

    If they aren't, and you dispute with a CRA, can they legally verify?

    If they do verify, is this a violation if the debt is currently being held by the subsequent CA?

    This scenario is based on both CAs reporting for the same debt.
     
  2. had enough

    had enough Well-Known Member

    I've been asking this same question (in many different forms) for the past couple of days.
    I'll be watching for an answer:)
     

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