Hitachi credit Loan sold to lowells

[Pank]

Hello,

 

If a debt is passed from a credit card to a collections agency.

 

Can the agency take you to court for a debt that was not accrued with them?

 

I seem to remember there is some kind of loop hole wit this but I may be wrong.

 

Does someone know?

 

Many Thanks

 

[AndyOrch]

Only if the debt has been legally assigned to them....IE they now own the debt.

 

Andy

[Pank]

I see. How do I find out if this has happened?

[AndyOrch]

You should have received a Notice of Assignment from either the original creditor or the DCA  (Assignor = Assignee)

 

Check your credit files and see if the debt is listed from the OC or the DCA or both.

[ericsbrother]

so have you received a letter recently and if so who from and what does it say?

[Bazooka Boo]

Start naming names then it will be easy to advise, some DCA's act as tame gophers, others buy debts.

[brassnecked]

If it's Lowell or Cabot they are quite litigious, and might  send a claimform first and ask questions later, especially if someone has moved in the meantime.

[Pank]

Sorry for the late reply. This is what I have received. It does not seem to have anything official as such. Thank you for your help guys

DOC163.PDF

[AndyOrch]

Looks official to me.....its a valid Notice of Assignment.

[Pank]

OK Great, thank you.

[ericsbrother]

so how old is the debt and what was it originally?

lowells will have bought the debt as part of a bundle but they wont have any supporting papwerwork to go with it so you will be able to run rings around them when they start to write to you to demand the money.

have you had annual statemetns regrading the balance etc until now?

[dx100uk]

thread title updated for clarity.

 

lets have all the history please

 

dx

 

[Pank]

Hello Again,

 

I have had a notice of arrears for the past couple of years but no demands for monies.

 

When they start asking me for monies what documentation should I be asking for?

 

Many Thanks

[dx100uk]

come on full history please...

last payment date?

when you take this out?

what was it for?