NeverServed Posted March 12, 2012 Report Share Posted March 12, 2012 I am just wondering how this is even legal. If you never entered into a contract for any of these collection places. How can they sue you? Also they change the dates on things so you cant tell when your SOL runs out. 9 times out of 10 even the OC after years of signing it off. I am sure they dont even have records or signatures nothing. So how can they continue to drum up more fees and try to get money from you? Link to comment Share on other sites More sharing options...
usagi555 Posted March 12, 2012 Report Share Posted March 12, 2012 I am just wondering how this is even legal. If you never entered into a contract for any of these collection places. How can they sue you? Also they change the dates on things so you cant tell when your SOL runs out. 9 times out of 10 even the OC after years of signing it off. I am sure they dont even have records or signatures nothing. So how can they continue to drum up more fees and try to get money from you?I'm assuming you're talking about JDBs. It's in the original cardholder agreement. They can assign, transfer or sell the account without your consent according to your standard CC agreement. OTOH, JDBs have serious issues actually proving their cases, even when they did legitimately buy the account. Considering that they probably paid a few cents on the dollar and people have been sued more than once by different JDBs claiming they own the same debt, I wouldn't let the possibility that they did purchase the debt legitimatly stop me from fighting like crazy though. Link to comment Share on other sites More sharing options...
BV80 Posted March 12, 2012 Report Share Posted March 12, 2012 I am just wondering how this is even legal. If you never entered into a contract for any of these collection places. How can they sue you? Also they change the dates on things so you cant tell when your SOL runs out. 9 times out of 10 even the OC after years of signing it off. I am sure they dont even have records or signatures nothing. So how can they continue to drum up more fees and try to get money from you?In addition to what Usagi stated, it's legal under the law. An assignee steps into the shoes of the creditor. It's similar to a mortage company who assigns your mortage to another mortgager. The new mortgager has stepped into the shoes of the original. Link to comment Share on other sites More sharing options...
RockDaddy Posted March 12, 2012 Report Share Posted March 12, 2012 In addition to what Usagi stated, it's legal under the law. An assignee steps into the shoes of the creditor. It's similar to a mortage company who assigns your mortage to another mortgager. The new mortgager has stepped into the shoes of the original.Yeah, but then the little red-headed step-child called, 'STANDING' rears her ugly little head and makes this argument, whether valid or not, something to be proven in court, no? BV80 - I totally agree with you btw, just had to drop the standing point in here for devil's advocate reasons... lol Link to comment Share on other sites More sharing options...
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