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Quick question Re. Selling debt on


eggy12
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Im getting two different opinions on this.. One saying OC has to inform me when they sell the debt and whom ever buys it then has to inform me they have brought it...

 

On the other hand ive been informed that if only one party said they have sold/brought it that is adequate

 

Can anyone clarify this for me

 

Thanks

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Hi eggy12

 

You first sentence is correct you should get "goodbye" and "hello" letters, from OC and new DCA respectively.

 

BB

Please note: I am not a lawyer and as such any advice I give is purely from a laymans point of view;-)

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Can anyone point me in the direction where it states this fact.. Im not a very good web surfer and have spent 3 hours trying to find info on it to no avail..

Thanks

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If i only had your name and address, and possibly an account number and sent you a letter demanding money and threatening court action, just out of the blue as it were, would you pay me, i think not

Please note i have no legal training any advice i give comes from my own experience and from what i have learned on this site

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Im just trying to say that they have no legitimate right to collect the debt, if you haven't had a letter from oc saying they have given authority to them to persue it!

Im sorry if i offended you but i was just trying to make the point that these people will try these things on.

I had one of these letters myself only this week

Please note i have no legal training any advice i give comes from my own experience and from what i have learned on this site

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Hi eggy12

 

You first sentence is correct you should get "goodbye" and "hello" letters, from OC and new DCA respectively.

 

BB

 

This is wrong, you need to be given notice, but there is no precedent (I believe - but am happy to be proved wrong) that notice is required from both the assignor or assignee

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