I am still receiving letters on 4 old accounts which have fallen off my credit report, and are passed the state SOL. All letters say "purchased" , (not OC). The 3 different purchasers have been mailing these letters anywhere from 4 years to 6 months depending on the account. Do purchased accounts fall under FCRA or FDCPA ? Can I get these letters stopped, or should I just ignore them ? As regards the state bond/license issues, I'm in California. What are the steps recommended ? I'm still learning. note: these letters are from Asset Accept, RMA, NCO.
if the accts are past SOL and the 7 year reporting period you could send them a C&D letter. that way if they continue to pursue you in anyway they are in violation. of the FDCPA and could be liable to you for $. I would send your letter by CMRRR and put that tracking # on your letter to prove they actually recieved the notification.
Concerning violations, is there a list of possible FDCPA violations ? Is there a time limit on suing FDCPA violations ? It has been several years since some of the letters began.
The entire FDCPA is a list of possible FDCPA violations, its pretty close to the best list which you can get... The FDCPA is fairly plain language, and if you read the FTC's commentary, it should even make things a little bit clearer as well. Purchased debts are still CA's because they are collecting the debt of another. The easiest way when you are sure that the account is past the SOL is to send them a time-barred C&D. The best one of those is WhyChat's and it can be found by following the link in my signature.
If the accounts are older than 7 years since they've gone delinquent, they shouldn't be on your credit reports under the purchaser either, make sure... This is why NCO just had to write a 1.5 MILLION DOLLAR check to the Federal Trade Commission, a few months ago...
