Ok I'm a bit confused why my debt appear to have four owners?
I got a letter of credit for performance management says his client is the resurgence of capital Services LLC said that represent LvNV funding, say representing GE Capital. Why is debt supposed to go through so many different companies? They do not usually put these in your credit report too?
No limit on the number of times that a debt can be sold and all the companies that buy the debt may be reported to the agencies. But only the company that now owns the debt can bring the remaining balance must show a balance of $ 0. If more than one reporting company, a debit balance to be in violation of the Fair Credit Reporting Act, and may be sued in small claims court less than $ 1,000.00 for each violation.
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