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Chain of Custody


radioactiveman
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It's called Lack of Standing, as the holder has to be able to show how it comes to own the debt ( since you can't sue for another). The chain of custody refers to teh paper trail that must be established. Break the chain and the plaintiff has proof problems sustaining standing. It really does work.

So if a dc/ca only has account statements, and not any form of letter saying some like:

we abc credit hereby sell mr x's account #23294 to 000 collections. Etc.

then no chain of custody can be established??

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