What happens when a debt has been sold and you send a Cease and Desist Letter to the collection agency?
Friday, December 18th, 2009Catwoman asked:
I have made monthly payments to the original creditor whom is still accepting the payments, but my debt has been sold to a collection agency. I sent them a Cease and Desist letter indicating I am still paying the original creditor and they wrote back they are taking the pertinent actions to ensure I don’t hear from them again accompanied by a so called “Validation of Debt”. What happens now?
I have made monthly payments to the original creditor whom is still accepting the payments, but my debt has been sold to a collection agency. I sent them a Cease and Desist letter indicating I am still paying the original creditor and they wrote back they are taking the pertinent actions to ensure I don’t hear from them again accompanied by a so called “Validation of Debt”. What happens now?