When a Debt Buyer hands you over documentation in regards to the Assignment they must show that YOUR DEBT was Assigned to them not give you a copy showing that on such and such date they purchased a ACCOUNTS.
For example let’s say the Debt Buyer per their assignment has given you a copy like this one:
SALE AND ASSIGNMENT -
“Washington Mutual” on such and such date has sold blah blah blah all rights, to Junk Debt Buyer for ACCOUNTS LISTED.
“Let’s say it is then signed by the ORIGINAL CREDITOR”
Most people would go into panic mode right here saying CRAP! The original creditor signed the Assignment now I’m screwed. WELL NO YOU ARE NOT.
Did the bank actually say they sold YOUR ACCOUNT over to the Junk Debt Buyer listing YOUR NAME and then signed it? NO.
All this proves is that the Junk Debt Buyer on such and such date bought some accounts from Washington Mutual. WHOOPIE! Good for them!
Well, where’s my account at? Where’s my name? Where’s my account Number? Where’s the proof that my old credit card debt was within that sale???? It proves nothing.
The Debt Collector cannot submit an affidavit stating that the account was assigned, it has to PROVE the assignment of Debt and then have that Assignment Authenticated with an Affidavit from the Original Creditor.
One of their tricks is to evidence an assignment “bill of sale” showing that they have a relationship with the Original Creditor but that document 95% of the time shows that they purchased ACCOUNTS LOTS of them and that right there does not identify YOUR ACCOUNT. Not identifying YOUR ACCOUNT in the assignment cannot possibly prove that YOUR ACCOUNT was sold with the rest of the accounts they bought.
Please keep in mind that the Junk Debt Buyer cannot submit an Affidavit from the Employee of the Junk Debt buyer stating that there is an assignment that exists between the Junk Debt Buyer and Yourself! That’s B.S.
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