dv request to ca..
Date: Fri, 05/01/2009 - 06:34
ok i have a cc that went into co status closed02..oc never sold account and assigned it to nco..interest accrual has legally doubled the amount due on card...i sent dv to collection agency and didn't recieve anything in response...does ca have to respond if they were only assigned the card? also are they bound by fdcpa? i never recieved any info pertaining to debt as a result of dv and oc updated the account on my cr..can they do that? is anyone bound to fdcra or fdca in this case? both oc and ca told me no and they can continue to call my home after c&d letter was sent....please give me guidance...
Yes hey have to verify the debt if they wish to continue collect
Yes hey have to verify the debt if they wish to continue collecting...no response, no collection activity is permitted but there is nothing in the law that says the have to respond.
CA's are always bound by the FDCPA...they may not call. However the OC is not subject to the FDCPA.
so can the oc update the account on cf w/out sending me any info
so can the oc update the account on cf w/out sending me any info on it? ty for such a quick response..
Sure the OC can....you disputed with the CA, not the OC.
Sure the OC can....you disputed with the CA, not the OC.
also, the OC is not bound by the FDCPA-that law only covers thir
also, the OC is not bound by the FDCPA-that law only covers third party debt collectors, not original creditors.