JDB sells to another then another??

Discussion in 'Credit Talk' started by enigma, Oct 16, 2004.

  1. enigma

    enigma Well-Known Member

    1. JDB1 buys old CO debt. Sends letter via CA1, DV they go away.

    2. Receive another letter from CA1 who states JDB1 sold to JDB2 and CA1 is still collecting, send money now. I know CA1 just commited violaton for continued collection.

    3. Today learn that JDB2 sold to JDB3 (Capital One/Westmoreland Agency) who is now dunning me. Fedex DV to pre-empt any reporting. BTW in large lettering on the outside of the envelope is "The Westmoeland Agency", does not say collection at all, violation?? Good thing is part of the collection letter shows through the window on the envelope!

    Is it a violation for JDB1 to sell to JDB2 knowing that they JDB1, when and could not produce. And so on for JDB2 to sell to JDB3.

    I know for a fact they cannot validate, I have a letter from the OC stating that there is no application and they cannot locate anything in their records.
     

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