promo_girl Posted July 14, 2008 Report Share Posted July 14, 2008 I have, in hand, from over a year 1/2 ago, letters from a collection agency stating that they BOUGHT the debt from Wells Fargo on 2 accounts I had with them and stopped paying on in 2005, and then Friday or Saturday I got a new letter FROM WF stating that I am to call them within 10 days or they will either place the debt with a collections agency or seek judgment..How common is it (or how likely is it) that a debt can be SOLD to a CA and then end up back at the OC?? Link to comment Share on other sites More sharing options...
nascar Posted July 14, 2008 Report Share Posted July 14, 2008 Not Link to comment Share on other sites More sharing options...
Recovering Attorney Posted July 14, 2008 Report Share Posted July 14, 2008 Sounds more like WF sent the matter out for collection and the CA sent you an inaccuate letter. I FDCPA, especially if the CA had the validation notice. Caused confusion, overshadowed the notice, deceptive and harassing Link to comment Share on other sites More sharing options...
promo_girl Posted July 14, 2008 Author Report Share Posted July 14, 2008 Ok, I THINK I figured this out--I think maybe (been 3 years and a LOT of confusion) that I have 3 debts with them-2 personal loans, which are out to CA's, and then I had a credit card with them- and this one is still with WFF, which they are now threatening action on..Wonder why they kept that one in-house? THanks for the replies, and I did some further research to figure it out, and it seems I was mistaken. Link to comment Share on other sites More sharing options...
Debt Guy Posted July 16, 2008 Report Share Posted July 16, 2008 Wonder why they kept that one in-house? Different departments operating under different management and different guidelines. This is not uncommon as they don't talk to each other often -- probably in different states. Link to comment Share on other sites More sharing options...
Recommended Posts