got my credit report..NEED HELP ASAP!
Date: Wed, 06/30/2010 - 07:23
Ok I posted yesterday that I received a summons from Blatt.... The credit card was through GE Money Bank. I ran my credit report this morning.
Under GE Money Bank it says this:
status: CLOSED. $2,284 written off.
so does this mean that Blatt has the right to sue me if this was written off from the orginial creditor?
under creditor's statement it says : purchased by another lender.
thanks for any help
Under GE Money Bank it says this:
status: CLOSED. $2,284 written off.
so does this mean that Blatt has the right to sue me if this was written off from the orginial creditor?
under creditor's statement it says : purchased by another lender.
thanks for any help
Written off only means that it has removed from their books as a
Written off only means that it has removed from their books as a good debt. They then sold the debt to another company which they have the right to do. The new owner then has the right to sue you.
It is possible that GE sold the account to another lender. If t
It is possible that GE sold the account to another lender. If this is the case, then the new lender acquires all the rights the original creditor held. My suggestion would be to get in touch with the original account holder and ask.