Difference between debt sold to or turned over to CA?
Date: Fri, 05/01/2009 - 14:11
Is there a difference between your debt being sold to a CA or turned over for collection to a CA? I am wondering if the validation letters to a CA that is just collecting for the creditor are still the same as one that has been sold to a CA?
Yup...there is a difference. A credit hires can hire a CA to wo
Yup...there is a difference. A credit hires can hire a CA to work the account on their behalf. This is usually done under contract and the CA gets a commision.
Junk Debt Buyers buy bad debts for pennies on the dollar and then place them with other agencies to work. It is very lucrative.
Is there a difference in the validation letter to the CA if they
Is there a difference in the validation letter to the CA if they are just collecting for the OC?.