Pauly_Walnuts Posted August 12, 2005 Report Share Posted August 12, 2005 I have mailed a DV to a CA in the State of Maryland who claims to be a law firm. The letter identifies that the orginial creditor Providian assinged the debt to Punn III Collections, who in turn assigned it to a CA (law firm ??) wiith in the state of Maryland. I mailed the standard DV and recieved a copy three of my past billing statements from Providian along with a copy of my initial credit card offer. No other questions in the DV were answered and no contract was provided that this CA has any right to collect the debt. What is the best way to handled this problem. Thanks in advance Link to comment Share on other sites More sharing options...
IHateCAs Posted August 12, 2005 Report Share Posted August 12, 2005 What time frames were these billing statements in relation to when your account closed? Link to comment Share on other sites More sharing options...
Pauly_Walnuts Posted August 15, 2005 Author Report Share Posted August 15, 2005 This account was closed in 2001 and the billing statements have dates in 2003. Link to comment Share on other sites More sharing options...
willingtocope Posted August 15, 2005 Report Share Posted August 15, 2005 You need to determine if Providian still owned the account when the billing statements were created. CO does not mean sold. They could still own it and are only using outside contractors to hassle you for it. On the other hand, if the billing statements are after they sold it, then the CA has forged them. Link to comment Share on other sites More sharing options...
Pauly_Walnuts Posted August 15, 2005 Author Report Share Posted August 15, 2005 Thank you for the response. However, what is a CO?Thank you. Link to comment Share on other sites More sharing options...
willingtocope Posted August 15, 2005 Report Share Posted August 15, 2005 CO = Charge off, basically just means they've taken a charge against income on their tax report.Read the forum at the top on "Please read before posting...". It will help with all the abbreviations used here. And, don't worry about...nobody else did either... Link to comment Share on other sites More sharing options...
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