CA question

[Maygen13]

Our router is straight from the cable company and the damn thing doesn't work well with vista which makes zero sense to me.

After looking at the letter closely, it looks like this is a third party collection agency, like credit one had it then riverwalk holding now ARM.

How does this work??????

[Trish]

Maygen, what state are you in?

[Trish]

It looks like Riverwalk bought the account and ARM is collecting on behalf of them......so this debt might have actually been sold.

[jjgross]

Originally Posted by Trish

Maygen, what state are you in?

If its allied their famous for their antics on the phone be very careful what you say to them.They have a long history of trying to collect on people that don't own them money.Your account is starting to be passed around i think some don't think you willpay.I was wrong it was sold i just got my eyes fixed so i don't know what i was thinking damn another senior moment.:p

[Maygen13]

I'm in South Carolina

[Trish]

Ok, the reason why I was asking is.......Riverwalk Holdings is located in Deleware. ARM is in New Jersey.

I checked and CAs do not have to have a CA license in SC........but they do have to have a business license. Out of state collectors are not required to have a license in your state BUT I found out that they do have to be registered with the Secretary of State.

Soooooo..........what you could do is check on both of them and see if their state requires them to be licensed or bonded.

I really don't see any blatant violations in the letter. So I'm just trying to think of other things you can look into.

[CreditCrisis]

wait..so in order for a CA to legally collect a debt they must possess a license? or is that only true for some states?

im in California

[jjgross]

Originally Posted by CreditCrisis

wait..so in order for a CA to legally collect a debt they must possess a license? or is that only true for some states?

im in California

Different states have different results,except for texas anyone with a billy club can collect in the south the good old boy states.

[Trish]

Originally Posted by CreditCrisis

wait..so in order for a CA to legally collect a debt they must possess a license? or is that only true for some states?

im in California

In some states, yes. Unfortunately California is one of those that does not require a license or bond. Sorry.

BUT like I was telling Maygen, she should check into the CA.......since they are out of state (depending on their laws) they may have to be licensed in their own state.
If I am contacted by a CA......that's one of the first things I check is if they are licensed and/or bonded.

Helpful Links - Credit Related Laws
You can find a lot of that information through lawdog which is listed in that thread.

[CreditCrisis]

very smart. and if they arent licensed in their state and they are supposed to be, i can fight it off just by stating they are not licensed to collect on this debt?