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bought the debt
Moderators: getoutofdebtfree, againstthesystem, davidlloyd, ceylon, gem78
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Re: bought the debt
by FIGHTTHEM5 » Wed May 23, 2012 5:49 pm
absolutely and these lot have it down to a fine art!
- FIGHTTHEM5
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Re: bought the debt
by freemanforever » Wed May 30, 2012 3:18 am
I guess what you mean is that by them purchasing the "debt" they are - virtually- clearing the debt. Agreed in my opinion, however they will still mark your credit file.
All I have done with them is to tell them - in writting only- that I do not deal with debt collectors as I have never signed anything with them... eventually they'll sell the debt to another bunch of monkeys and the process starts again... after 6 years without recognising any debt or making any payment, the ccount will be "statuory barred" which means they cannot enforce anything in court...
Your credit score is back to his old glory then...
Nick
All I have done with them is to tell them - in writting only- that I do not deal with debt collectors as I have never signed anything with them... eventually they'll sell the debt to another bunch of monkeys and the process starts again... after 6 years without recognising any debt or making any payment, the ccount will be "statuory barred" which means they cannot enforce anything in court...
Your credit score is back to his old glory then...
Nick
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12 posts
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