AU: How can I check if my bank has sold my credit card debt?

by **bubicaau** » Wed Apr 25, 2012 4:27 am

Hello,

I received a notice of demand (not on my home address but my sons business address) by a collection agency .

How can I Safely check if the bank has sold my debt or just hired the collection agency?

thanks

by **Advertising** » Wed Apr 25, 2012 4:45 am

by **evolve62** » Wed Apr 25, 2012 4:45 am

What do you mean by ''Safely''?

by **Advertising** » Wed Apr 25, 2012 6:07 am

by **bubicaau** » Wed Apr 25, 2012 6:07 am

By safely I mean without entering into a contract with them.

thanks

by **evolve62** » Wed Apr 25, 2012 9:48 am

Your son should send the letter back No Contract Return To Sender.

by **evolve62** » Wed Apr 25, 2012 10:01 am

There is no way of finding out unless you ask them and they tell you. If you dont want to return their letters NCRTS, use the 3 letters process to the DCA.

The bank will never admit to selling the debt as that would mean they are no longer a party of interest, and therefore will not be able to pursue you for the alleged debt. The DCA wont admit buying the debt as they will never be able to show lawful proof of claim if challenged.

You are only contracting with them if

a) you admit to being the NAME and;
b) you admit to being liable for the debt

by **bubicaau** » Wed Apr 25, 2012 12:22 pm

Thank you evolve62. Your comment is appreciated.

by **Doocs** » Thu Apr 26, 2012 8:17 am

I am in a similar situation and have agreed by email to pay an agreed percentage by a certain date.
I have asked however for proof they own the debt I.e the original contract between myself ant the bank
I panicked a bit to be honest.

Should I follow up my email saying I am still waiting on the
Proof?

I guess I should check out the 3 letter thing ?

To make matters complicated i haven't lived at location For ten years and have been advised debt
Is statute barred (see my new
Post)

Debt is Irish and 8 years old

Need help fast
Please

by **ceylon** » Thu Apr 26, 2012 10:56 am

do not talk with them even by email

by **Doocs** » Thu Apr 26, 2012 11:32 am

Really ? See my reply on my own post

AU: How can I check if my bank has sold my credit card debt?

AU: How can I check if my bank has sold my credit card debt?

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Re: AU: How can I check if my bank has sold my credit card d

Re: AU: How can I check if my bank has sold my credit card d

Re: AU: How can I check if my bank has sold my credit card d

Re: AU: How can I check if my bank has sold my credit card d

Re: AU: How can I check if my bank has sold my credit card d

Re: AU: How can I check if my bank has sold my credit card d

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