Original creditor sold debt

[Rod4bills]

If the Original creditor sold the debt are they still allowed to report it as a debt owed them and should I dispute it or will this wake a sleeping giant.

[chane]

Yes, they are allowed to still report it. They usually have "washed their hands" of the debt if they sold it and it is now the CA's problem so I would probably dispute it depending on how old it is. But, there is always a possibility of waking up that giant. It's your call.

[sinkingslowly]

I don't understand this. If you have a let's say credit card and you stop paying it for say two years and they give up and do a charge off and sell it to a bottom feeder you mean that the original credit card company can undo the charge off and come back after you. I find this so confusing!:confused:
I would keep disputing the charge off and then keep verifying with the new bottom feeder IMO.
Sink:cool: