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Contributor
Posts: 140
Registered: ‎01-01-2013
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CA- License "Inactive"

So I looked up Portfolio Recovery in my home state of New Mexico.  The NM Regulation & Licensing Department shows their license as inactive, having expired in 2004.  Is this something that I can use to my advantage in my dispute process?  Or- is it just useless information? 

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Posts: 13,761
Registered: ‎04-15-2011
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Re: CA- License "Inactive"

I don't see that coming into play in a dispute, maybe if they were threatening to sue you it would make a difference.



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Moderator Emeritus
Posts: 32,869
Registered: ‎08-04-2007
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Re: CA- License "Inactive"

Ditto...because a licensing issue is a state matter. Reporting is a federal matter. You could put pressure via your state's AG to compel them to go away though.

New Contributor
Posts: 88
Registered: ‎11-16-2012
0

Re: CA- License "Inactive"

I would think they can still report but I don't think they could pursue collecting from you by either calling or writing letters...


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