Posts Tagged ‘Monthly Payments’

 

What happens when a debt has been sold and you send a Cease and Desist Letter to the collection agency?

Friday, December 18th, 2009
Catwoman 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?