prettykitty Posted October 31, 2007 Report Share Posted October 31, 2007 if the CA collecting for a bank agrees to settlement of 50% of o.g. amount & to remove from Chex sys & 3 big, is this valid? Link to comment Share on other sites More sharing options...
nascar Posted October 31, 2007 Report Share Posted October 31, 2007 Don't believe it. Rule #1... CAs LIEWhat proof do you have that the CA is authorized to negotiate a settlement on behalf of the original creditor? ZERONow if you had a settlement agreement from the original creditor acknowledging the CA as an authorized agent to negotiate on its behalf, that would be different. But, you can't even get a CA to show they're authorized to collect on behalf of the OC, let alone negotiate binding agreements. Link to comment Share on other sites More sharing options...
prettykitty Posted November 1, 2007 Author Report Share Posted November 1, 2007 i have to find out if they are authorized to "negotiate" for the O.C. in my D.V. I did ask them to provide proof they can "collect" for the O.C. negotiating might be a different animal all together. if the CA verifies...i will contact the O.C.thanx nascar! Link to comment Share on other sites More sharing options...
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