ryeknow Posted November 23, 2021 Report Share Posted November 23, 2021 I am not new to the credit repair scene, although it's been over a decade since I needed to do any repairs. I dug myself out of the hole over 10 years ago, but I now find myself having to fix a few things again. It seems some of the tactics and methods have evolved over the years (FDCPA Regulation F is definitely interesting) Anyways, please refresh my memory. If someone has debts that are valid (meaning they are not challenging the validity, they acknowledged that the debts are accurate and legit), could they arrange to pay these debts with the OC and then send DV Letters to the JDBs? If the JBD truly validates, they will acknowledge the new status and be forced to remove or report the updated information (do they HAVE to remove at that point?). And if they continue to report inaccurate information after you make the request, you could then go after the JDB? Am I missing anything? Quote Link to comment Share on other sites More sharing options...
BackFromTheDebt Posted November 23, 2021 Report Share Posted November 23, 2021 If the debt is owned by a JDB, then the OC no longer owns the debt. That could make it difficult to pay the debt by paying off the JDB. Most times the OC won’t even talk to you. In theory the OC could sometimes buy back the debt, depending on the sale agreement. But the JDB could still report the debt up to the time of resale. Quote Link to comment Share on other sites More sharing options...
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