Home
Public Forum
Credit Reports
Apply For Cards
Credit Directory
Credit Overview
Credit Problems
Credit News
International
Credit Glossary
Purchase Books
Credit Laws
Business Credit
Merchant Accts
   

Re: Midland Credit Management


[ Follow Ups ] [ Post Followup ] [ Credit Forum Index ]

Posted by DisneyGirl (68.79.203.87) on July 04, 2004 at 00:36:20:

In Reply to: Midland Credit Management posted by Paul on July 03, 2004 at 22:06:47:

This is another provision from Indiana code:

d) A nonresident collection agency that has only incidental contact with a debtor is not required to be licensed under this chapter. As used in this subsection, "incidental contact" means contact on behalf of nonresident creditors using interstate communications, including telephone, mail service, or facsimile transmissions.

So I am thinking that under Indiana statutes, an assignee is a collection agency and unless they are licensed and bonded (per another statute) they really shouldn't be suing me.

Paul-your thoughts are appreciated and welcomed.



Follow Ups:



Post a Followup

Name:
E-Mail:

Subject:

Comments:

Optional Link URL:
Link Title:


[ Follow Ups ]   [ Post Followup ]   [ Credit Forum Index ]

 

    Top Of Page

  

Copyright © 1999-2004 Enkephalos Web Design