| Message |
Author |
 Posted: Thu Jan 11, 2007 8:58 am Subject: Demand to work with the original debtor? |
|
|
Hey there 
I hate dealing with collection agencies because a lot of them seem so sketchy. I was wondering if we could actually demand that we only work on paying the debt to the orignal debtor?
Thanks!
Debra
|
|
dgibson203
Joined: 10 Jan 2007
Posts: 7
Debtcc Points: 384
|
|
|
| Posted: Thu Jan 11, 2007 9:04 am Subject: |
|
|
I am not sure. I think it's up to the original creditor. My wife had an account with a dept store card. It's been turned over to Alliance One. While I was speaking with the original creditor trying to pay them, they said that they couldn't because they have a contractual agreement with Alliance One. Incidentally, I called them to inquire about the debt. Alliance One didn't call me... yet. I am just being proactive and trying to settle debts before they get to far. So to answer your question, I guess it's up to the creditor. Now if I go back to them and try to speak with someone higher up, I might get a different answer. I'm just not sure what standard policy is for companies when it comes to this sort of thing. Good luck and let us know how it turns out.
|
|
outlaw8117
Joined: 21 Nov 2006
Posts: 163
Debtcc Points: 4345
|
|
|
| Posted: Thu Jan 11, 2007 9:05 am Subject: That is a novel Idea! |
|
|
Here is what I would do: Find out who truly owns account. If it was sold to collector,it will be hard for Oc to recall it. If it is assigned to collector,call Oc and complain to them that collector is not following federal guidelines for collecting and you would prefer to work with them. This may or may not work depending on individual circumstances.
|
|
cajunbulldog
Moderator
Joined: 20 Dec 2006
Posts: 4875
Debtcc Points: 37803
|
|
|
| Posted: Thu Jan 11, 2007 9:53 am Subject: |
|
|
I had the same thing happen with Providian. I tried to pay them directly and they said they couldn't, I had to pay the creditor.
_________________
Register today to encash debtcc points.
|
|
Guest
Debtcc Points: 100
|
|
|
| Posted: Thu Jan 11, 2007 10:02 am Subject: |
|
|
If the debt has already been sold, you have to work with the CA who has it. If is hasn't, you can work with the original creditor. I has a Sears account that was sold to a CA. Sears couldn't talk to me because they didn't have my info anymore. It is alwasy better to talk with the original creditor, they will,sometimes try to work with you. Good Luck..Karen 
_________________
As long as you are alive, there's always hope
|
|
Bossy4455
Moderator
Joined: 27 Feb 2006
Posts: 5459
Debtcc Points: 64216
|
|
|
| Posted: Thu Jan 11, 2007 10:27 am Subject: |
|
|
Good points above when it comes to the debt being "sold" or "assigned". If the debt is "assigned" to the collection agency, then you technically do not owe them any money. Now keep in mind that a lot of contracts have a loophole in wording that says "debtor agrees to be responsible for payment of this debt to creditor OR ITS ASSIGNS". This is the contract between you, the creditor and the debt collector. But the saving grace could be that they need to provide you a copy of that contract statement WITH your signature. If they do, then you might be stuck witht the debt and will need to negotiate.
|
|
outlaw8117
Joined: 21 Nov 2006
Posts: 163
Debtcc Points: 4345
|
|
|
| Posted: Thu Jan 11, 2007 8:33 pm Subject: |
|
|
In my experience, if the original creditor still had the info, they will always work with you; the only reason would be if they didn't. They're going to take their money anyway they can get it, right?
I would always try to work with the original creditor first and the collector if you can't.
|
|
kscornell
Moderator
Joined: 22 Jul 2006
Posts: 3603
Debtcc Points: 32830
|
|
|
