CA question

[Anonymous]

Good evening,

I have a question about CA buying debt. From my understanding the debt is taken off 7-7.5yrs after the first deliquency.

So i have 1 that the first deliquency was in 2012, The CA who bought the debt didnt report the debt until 2014. So does that mean i have to wait for the CA to fall off for the same debt? the original debt in 2012 wont fall off untill 2019, the CA debt in 2021? or do they both fall off when the original debt falls off?

it sucks that 8 debts are actually 4. So i have 8 negitives for 4 items.

[Anonymous]

I believe it is the DOFD from the OC that governs everything.

A CA can buy a debt in 2012 that had a DOFD of 2010.  If they are not succeesssful at recovering money, they can sell it to another CA in 2013, and another in 2014, etc.

So the one in 2014 should fall off at the same time as the OC.  The previous ones should have been removed when the CA no longer had authority to collect on it.

HTH