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Clarification needed please


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If a JDB has listed an account they have bought

on the credit reports, are they held to the same

laws as the Bank/CC?

As I recall, and you can correct me, I believe that when

you default on a Bank/CC, it is 6 moths after that they

charge off, and also write off?

It that the same with a JDB?

Palisades Collections has nultiple accounts of mine.

They were bought at the end of 09 or early 2010.

They are showing on all 3 reports.

They also are showing these accounts are open accounts.

There has been no payment on these accounts at all.

So I was just wondering if a JDB would ever charge off,

write off?

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