What Happens When a Debt Has Been Sold and You Send a Cease and Desist Letter to the Collection Agen

Be advised that you DO need to find out what the status of the account is before paying another dime. IF the original creditor still has the debt or it is IN HOUSE collections then you pay them. IF the debt was sold to another OUTSIDE agency then the payments go to them. In addition of your payments have been made to the original creditor BUT the debt was sold you will now have to make any payments to them that were due after the sale EVEN if you have paid the cc company already. Now a cease and desist letter merely makes the creditor/collection agency speed up collection processes including suin your in court if the amount is sufficient enough for them to bother.

1. Collection agency refuses to send contract. What recourse do I have?

So, you failed to keep a copy of the contract and you are now praying that the copy *they* have has this supposed if-you-move-you-do not -have-to-pay loophole. Be prepared to pay dearly for not keeping your OWN records.

2. Collection agency's pay for delete e-mail sent to me?

Personally I would want something on letterhead with a real signature. However, in the case of pay for delete, if the collector does not follow thru and remove the item from the credit reports, there really is not anything you can do. The credit bureaus wo not remove an item if you dispute using the pay for delete agreement. The item is legit and the credit bureaus wo not remove legit items

3. collection agency refuses to give me settlement in writing?

If they refuse to put it in writing, do nothing. End of story

4. Collection Agency wont send a letter saying they will report as paid in full?

they have to wait 30 days after they get their payment to beable to send out that letter. Also, they report it every 3 months and the CB updates your account every 3months

5. A collection agency extorted money from my sister by threatening my niece. I need advice?

Tell your bank that you want to protest payment as the money was obtained from a person not authorized to access your account, by means of deceit. This is a consumer fraud and it should be reported to the office of your state's Attorney General. EDIT> This is not a "he says, she says" scenario. While it is technically true that the customer has no proof, yet the truth can be told from banking records. The withdrawal transaction can be traced to the collection agency. The collection agency has no credible explanation as to why the transaction came from them instead of from the bank's customer. If this were my account that was compromised, I would support any criminal action that might be pursued, upon the belief that my account number had been unlawfully obtained, and might be used again criminally. For that reason I myself would be dissatisfied with a compromise or settlement that did not admit guilt. If it should happen again, it would be important to establish further guilt as to racketeering. If it were my account, I would assert to my state's Attorney General that Sprint employed a collection agency for the purpose of collecting a debt by unlawful means.

6. What is the most inappropriate experience you had with a debt collection agency?

My girlfriend died owing a LOT of money: student loans and medical bills. Just what she owed in principal was about $165K, and with interest I suspect it was well over $200K. I was being hounded by collection agents, even though I was not responsible for any of it. But I was the last number they had for her, so I got the calls.My favorite was an agent who admitted that I was not responsible, but suggested that if I accepted responsibility, then he would not have to tarnish her name by letting her family know what a dead-beat she would been. There have not been all that many people that I wished I could reach through the phone and strangle to death, but he was one of them. ETA: Please stop trying to use my answer as your platform. Any America bashing or "This is why Bernie wants to..." will be deleted