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Author: activeREinvestor Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 308847  
Subject: Re: can charge-offs come back? Date: 5/12/2004 9:13 AM
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I recommend not dealing at all with the collection agency. Don't even ever admit the debt is yours. Fight them. I won't discuss such strategies in this post as there is plenty of information to be found on the subject. If you do decide to pay your legal debt, pay it to the original creditor only.

If the debt was sold, how can the original company legally agree to any payment or otherwise discuss the debt. They have turned over their legal interest. I guess they could buy it back but if it is really old they might not even know who to contact (the collection agency).

John
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