99% of Americans do not know this because it is 100% bull ####.
The original creditor can sell your debt, and the purchasing creditor has the same right to collect as the original creditor. You owe the purchasing creditor just the same as you did the original creditor.
The contract you signed but did not read gave the original creditor the right to sell your debt. You are still responsible for it.
Billions of dollars in debt is sold by original creditors in the United States (even mortgages are sold by the original creditor). And the debtor is absolutely liable for the debt.
can cr england revoke a cdl they issued??
Discussion in 'CR England' started by lindag, Apr 10, 2013.
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Yup...always fun when you refinance your mortgage and the new company sells the loan before you've even made the first payment. You never received a statement, so you send the payment off using the slip they gave you at closing to make the payment "just in case" you hadn't received the statement. Meanwhile, you start getting "past due" notices from the NEW company before you've got anything else from anyone stating the loan was sold...and the original bank has to track down your check, deposit it, and forward the payment to the new bank.
Ought to be illegal some of the things they do...but there ain't.alghazi Thanks this. -
alghazi Thanks this.
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Eagle Atlantic is in the same building as CRE but integrity is in woodland washingtion I worked for cre for 5 months passed phase 1 and phase 2 than went dedicated with england in sterling IL cre was out bidded by schnieder so they ended up losing there contract so I left cause I was not about to go back to otr do to my daughters health integrity called and threatened me that they would put a hold on my cdl possibly garnish my wages and the hold would not come off till tuition was completly paid in full as I read in an earlier post cre does not take you to court but im skeptical on that one. Do they? Will they? even though I sent a payment to this agency on behalf of my loan.
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I did I told integrity that I mailed off a payment but they wanted 500.00 dollers tomorrow or else my lisence would be placed on hold she stated they would garnish my wages ect said I could use my taxes stuff like that but demanded I pay 500.00 tomorrow or else my CDL would be placed on hold and my wages would be garnished a court date would be set.
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They can't put a hold on your license. The state issued it, NOT them. There is no "lien" on that license. Once you have it, it's yours unless you drive stupidly and the state suspends it.
They can't garnish your wages or go after your tax refunds without a court judgment in their favor. To get that, they have to serve you with notice of the court hearing. That has to be physically handed to you, not mailed or phoned in.
Bottom line, until somebody knocks on your door and hands you a summons to appear in court, there ain't a #### thing they can do besides harass and threaten you over the phone. They can't touch your license, and until the matter goes to court and a judge rules against you, they can't touch your income, bank accounts, tax refunds, or any other liquid assets you may have.not4hire Thanks this. -
Also look for arbitration, if you waived court, for Arbitration all they need to do is mail you a notice of the date/time and location of the arbitration meeting. They don't have to serve you I person or try to, or prove you have been notified. In most states an Arbitration Judgement is the same as a Court imposed judgement.
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