Last question on mediation...

I would certainly ask for proof of their claims, especially considering its a federal law that they should prove their allegations. Remember, we are in the land of "innocent until proven guilty". I would definitely ask them for proof that:

1--its even your legitimate debt to begin with
2--they are legally entitled to collect on the debt(they either own it or are collecting for the owner by assignment)
3--the amount they claim as owed is legitimate.

But, I cam go in saying I'm aware I has a debt with BOA....I just would like proof that you now legally own the debt? What would be considered proof enough that they legally own my debt?

no, it isnt proof enough, because they still have to show where they get the massive amount from that they claim you owe.

Mediation is usually highly slanted towards the creditor, so it may be a *good* thing if it goes to court.

Banks vs. Consumers (Guess Who Wins)
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