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 Posted: Sat Dec 08, 2007 11:01 am |
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I have a company, calling me about a debt that I won an arbitration award on in 2004. I thought this was over but I received a call in 2007 about this particular debt. I sent them a copy of the award and they won't acknowledge it. They proceeded to call me about it and eventually sold it off to another company. (Capital Management Services). I know the original creditor has written the debt off so I guess my question is does the current owner have the right to sue even though they aren't the orig. creditor? Also how can a cc company charge off a debt and then try to have someone else collect on it? Doesn't that seem unlawful? thank you.
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cheesy
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| Posted: Sat Dec 08, 2007 11:17 am |
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The original creditor may have charged it off, but that does not mean that they didn't sell the debt to another company to collect it.
What happened at arbitration?
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Jessi
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| Posted: Sat Dec 08, 2007 2:36 pm |
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i received an arbitration award in my favor, however, I never turned it into a judgement and I don't think that I can do that anymore. I guess I thought that the original creditor was the only one who could initiate a lawsuit. This is like the 4th or 5th collection agency that bought this debt. This debt is from 2004.
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cheesy
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| Posted: Sun Dec 09, 2007 12:44 pm |
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bump
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cheesey
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