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ONE DEBT, many collection agencies

Discussion in 'Credit Talk' started by MOVINGONUP, May 22, 2003.

  1. May 22, 2003 #1
    MOVINGONUP

    MOVINGONUP Well-Known Member

    Hello, I'm a newbie

    I have this one debt that went to 4 different collection agencies, I already disputed to exp,equ,tu most of them came off. I know(think I know) that only one collection agency is responsible or has authority collect the debt: .. is that right?

    Should I contact the Original Creditor and ask him who the Collection agency is that is responsibe, then call around all collection agencies and tell them they do not have authority to collect anymore, then deal with 1 collection agency and run another round of disputes???


    I would appreciate an answer, thanks
     
  3. May 22, 2003 #2
    Butch

    Butch Well-Known Member

    First, welcome to the board.

    We're working with a similar situation. Here's what I just wrote about that one:

    "Here's where I'm leaning.

    The OC is responsible for their assignees.

    With that in mind, I'd simply tell them that things have gotten so incredibly complicated, (now that umteen dozen CA's have been involved) that it's not even possible to pay it even if you wanted to. If you refuse to deal with me directly I will sue you for THEIR violations.

    It's NOT PSP's fault that the OC has used half the CA's in the country and you have no idea who will have this account at noon tomorrow. I couldn't get this payment to you fast enough to beat the transfer to yet another CA. LOL

    Even if you did make a pmt. it would probably be to the wrong person.

    Etc., etc., etc. "


    But this is on a basically validated debt. DON'T do anything until you've done a LOT of studying first.

    :)
     
  4. May 22, 2003 #3
    MOVINGONUP

    MOVINGONUP Well-Known Member

    Thanks for the advice, I really appreciate it. Had a few more questions?

    - What is a PSP


    After trying to ask an intellegent question and trying to remember what you said, I have an idea and I would like your opinion if I'm going in the right direction ( or thinking in the right direction)?

    ...Based on what you told me, should I start brainstorming together some kind of letter that quotes FDCPA's area where they spell out that they must have an agreement with the CA to collect a debt. You know try to pin them down to one CA.



    ..oh, and when an agreement between a OC and CA is formed is there some kind of time limit?
     

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