Can two companies collect on the same debt?

Post reply  Start a topic
Author Message
Options
Print this topic
Invite a friend
Email this topic
  Bookmark online
Add to del.icio.us
Add to YahooMyWeb
 
adonisdavis



Joined: 17 Oct 2009
adonisdavis's page
Posts: 1



27 Magic Points

Subject: Can two companies collect on the same debt?
 
Posted on Sat Oct 17, 2009 8:55 pm  

I have two entries on my credit report both with different amounts attached to them. One that I am being garnished for through a law firm and the other is states it is listed at a collection agency in texas. I was evicted from an apartment complex called maple ridge which is on my CR. Then the same debt is listed under Tiffany Gardens but is being collected on by a law firm for which I am being garnished by. So Tiffany Gardens bought Maple Ridge and then Brownstone bought Tiffany Gardens. Brownstone also stated that Maple Ridge cannot be found. They took all their records with them and have disappeared. What do I do in this type of situation?
goodnatured



Joined: 03 Nov 2007
goodnatured's page
Posts: 3735



10 Magic Points

 
Posted on Sat Oct 17, 2009 11:11 pm  

Was the account sold off to the other company? They both can not collect but they both may appear on your credit report. I have one that started out with providian, they was sold to a collection agency, and then another, so it is reported three times with three different names. Only one collected the amount to close it out. No matter how many are there they only count as one as long as they are for the same debt.

Hope this makes sense.

Quick Reply
Your Name
Subject
Message body
Page 1 of 1