Question
Credit card debt was sold to another company after I sent certified letter?
asking for settlement. They called my cell and I thought it was someone else. They said they sent me a verification letter which I dod not get and she said they do not have to send me another one. Is this true? What do I do?
5 months ago - 0 answers
Best Answer
Chosen by Asker
1. The credit card company does not have to accept your settlement offer. 2. If they cannot validate the debt, they don't have to send you a validation letter. However, without validation, they have no legal claim to the debt. 3. They sold the debt. The new owner may still try to collect. Send the new owner a debt validation letter. Tell the new owner not to contact you and to cease all collection efforts until the debt is validated.
by ∞infiniti∞
5 months ago
Asker's Rating: 