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Selling debts
petunia100
Posts: 536 Forumite
Can a company sell a debt when it's in dispute?
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petunia100 wrote: »Can a company sell a debt when it's in dispute?
Officially no, not while a dispute exists, but in reality, yes they do, all the time, you just have to keep raising your dispute, with the new DCA.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0 -
petunia100 wrote: »Can a company sell a debt when it's in dispute?
Yes, there is nothing in law or guidelines to prevent that.
If sold on though, it would arguably be a unfair practice not do pass full details of any dispute to the buyer.Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB
IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed0
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