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Forster & Garbus LLP - Strange

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This so-called CA has had 4 of my accounts so far and when I ask to have them validated, they close the account and transfer it to another CA. Is this normal? Does anyone know anything about them?:confused:




Who are they collecting for?? For a lot of agencies, a DV means close and return...they can't be bothered validating.

Sub: #1 posted on Mon, 07/30/2012 - 20:28

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Yes, this is pretty normal. They can have multiple reasons for doing so. Maybe the debt was from an illegal payday loan?

Sub: #2 posted on Mon, 07/30/2012 - 22:03

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They collect for the original creditors. If this is the case, what does one do then when it's in their hands? I haven't read anything on this forum of what to do when referring to CA's that "close and return". It's actually the first time I hear about it. Do I just allow them to keep bouncing my account to another agency? What is the strategy then? What do I ask them to do if it's not validating or verifying?

Sub: #3 posted on Sun, 08/05/2012 - 09:56

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Who is the original creditor?? Have you called them to verify the placement??

For a lot of collectors, receiving a DV puts the account into a freeze status within their unit and is a waste of inventory space. (Most collectors can only have a certain amount of accounts in their units) So they close and return them, especially if it is a first placement account. Repeated DV's usually result in the account being placed with a law collection firm.

Sub: #4 posted on Sun, 08/05/2012 - 10:04

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