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[crusheroz]

Question? Since this CA bought this debt, can they and how can they enforce the contract from the original creditor? The original creditor no longer owns this debt. Also when the debt was charged-off, I got a letter for the original creditor saying that I am responable for the principal amount only, that no interest would be added to the amount. Does that letter override the contract?

 

[kevinss]

That's actually a good question. Can anyone else answer this?

If a CA purchases a debt, can they add interest to the principle amount regardless of the initial contract with the OC?

 

[crusheroz]

Anybody have the answer to this?

 

[bigun]

I think you've an FDCPA violation to go with the fact that they're not operating legally in Wa.

http://www.ftc.gov/os/statutes/fdcpa/fdcpact.htm

Here's a snippet from 807:



(2) The false representation of --

(A) the character, amount, or legal status of any debt; or

And here from 808:



§ 808. Unfair practices [15 USC 1692f]

A debt collector may not use unfair or unconscionable means to collect or attempt to collect any debt. Without limiting the general application of the foregoing, the following conduct is a violation of this section:

(1) The collection of any amount (including any interest, fee, charge, or expense incidental to the principal obligation) unless such amount is expressly authorized by the agreement creating the debt or permitted by law.

I really think between the liscensing/bonding issue and this attempt to collect more than the creditor says is due,you have grounds for a nice lawsuit. Have you looked for a lawyer?

 

[crusheroz]

No, But I guess I could start. I have asked for validation of the amount they say I owe. They say the extra is interest, but I want some type of proof.