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bad debt buyers/suing/sol
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Posted by browneyes
(209.215.29.25) on December 05, 2002 at 09:05:50:
hi, i just started thinking last night about
how we got taken by ca/bad debt buyers, and it
is such a racket!!!
Question:
the oc must charge off a deliquent acct. after 6 months, even if you are still making pymts, & trying to get caught up. then these low lifes buy the debt
sue you for way beyond even the correct amt., and even
though its most of the time past the SOL time, and they seeem to rarely have proof that they own the debt
WHY do the courts across america allow these cases to be filed , why dont these people have to follow the sol laws, why dont they have to prove to the court before filing that it is within sol time? WHY does it seem that all the attys, i have spoken to here in s. florida do not even know the correct sol time for cc
and i guess judges dont either or all of these suits wouldn't be just zipped thru the system.
My frustration with this is why do some people have to follow the rules and others dont(cas/bad debt), can someone tell me what makes them so special, and why they keep getting away with this. i went to the courthouse here and looked up this ca, and in file after file, the only proof of the debt for 99% of the cases was a print out from their own computer, or a type written summary or/& an affadavit -by the manager of the ca(asset accept.) swearing that he holds all the records for acct.
I have one more question: why are they buying a debt for pennies on the dollar and then being allowed to sue for the full amt and more??? how is this fair to anyone other than them??????? and the oc never sees a dime, right????? can someone explain bad debt buying to me, and are there any good articles that i can read ?
DO these cas/bad debt buyers, who by purchasing these debts, do not have to follow the laws that cas do, have to show the court proof that they have in fact purchase these debts they are suing for, Because you know what all the info that they have in court docs. can be retrieved from anyones credit report, and i think that is scary. does any court ever make them show proof???????? not from what ive seen so far!!
Please help me out with these questions, if anyone can, because we have been taken by these guys, and we cant afford the atty fees , so we will be doing this on our own, so any help would be appreciated.
sorry if i sound frustgrated, but its really amazing to me what is going on out there, and that it appears to legal for them to do what they do!!
thanks for any help! PS: i;ve picked a permanent handle
i've written in a few times before, using afool, disheartened, and florida, asking for some help.
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