erick Posted April 9, 2007 Report Share Posted April 9, 2007 Is there anyway to find out if an OC is paid by its insurance company for charged-off accounts and then sells the same accounts to a collection agency? Are they in violation of the FCRA when this occurs? Link to comment Share on other sites More sharing options...
willingtocope Posted April 9, 2007 Report Share Posted April 9, 2007 OCs can indeed be paid by their insurance for "bad debts", and even deduct a portion of their loss on their income tax. None of this really helps us in any way. Link to comment Share on other sites More sharing options...
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