Capital One's trick of PARKING charged off credit card account to a law firm

Brachfeld and Associates, a collection law firm filed lawsuit against me representing TSYS/Natonal Attorney Network. TSYS (Total System solutions) is the debt collection servicing company for Capital One, who assigns attorney through their National Attorney Network to file Lawsuit against debtor. But Brachfeld and Associates named Capital One as plaintiff, which is a fraud. TSYS recently bought by NCO Group Inc.

Case was dismissed in April 2009. Since then Capital One is deliberately PARKING my charged off credit card account to "National Attorney Network" aka Brachfeld and Associates. Capital One is creating false representation or implication that any individual is an attorney or that any communication is from an attorney. By doing so Capital One is violating Fair Debt Collection Practices Act Section 807 (3).

Please visit facebook page on this topic:
http://www.facebook.com/pages/My-fight-with-Capital-One-Credit-Card/108524965...

Category:

People & Blogs

Tags:

• TSYS total system solutions
• National Attorney Network
• NCO groups Inc
• Capital One bank
• Capital One Credit Card
• Brachfeld and Associates
• national attorney network
• Credit card
• FDCPA
• capital one credit card
• Capital One trick
• Parking of credit card
• finance
• money
• economy
• financial
• health
• politics
• communism
• diet
• religion

[imperceptant]

@bc1969214 Lol this wouldn't hold up in court, he's breaking the law just by recording this himself...he doesn't even tell them he's recording...

[basudebdey]

@imperceptant Thanks for your comment.I didn't break law. Before recording, consulted with lawyer.Since other party, Capital One's recording telling me before my conversation started ,"Conversation will be recorded for quality assurance" If they have the right, I have the right to record conversation.

After I posted this video, Cap1 removed my account from Law farm and Parked to their Collection Dept. Guess what now, statue of limitation has expired and this account is gone from my CR. .

[beautyescalated]

So if they charge off the debt and sell the account, are you saying they must list that on the credit report? and are you suppose to have a zero blance if the charged it off?

[basudebdey]

@beautyescalated If they just charge off and DON'T sell the account, they will report balance on the credit report. But if they Charge off and sell to debt collector (collection agency), then they have to report $0 balance to the Credit report. In this case you will see another entry of the balance from Collection agency who bought the debt from original creditor. So, there will be 2 entry in your CR with one $0 balance from Original creditor & another entry from Debt collector with a balance.

[basudebdey]

All indications shows that Cap1 sold account to National Attorney Network. But Cap one denied. Cap 1 is showing Charge off but not zero Balance and no new debt buyer.

[basudebdey]

Capital One to buy HSBC credit card business. Capital One announced Wednesday that it will purchase the U.S. credit card arm of HSBC for $2.6 billion. HSBC Cardholders, be aware. Capital One monster is coming after HSBC cardholders.

[beautyescalated]

@basudebdeythank you sooooo much

[bc1969214]

Did Cap One sell the account to Natl Atty Network or do they still say they own it? Just curious since Cap One has a lot of bad press on this issue. Any detail in credit report showing chargeoff with Cap One and zero balance and new debt buyer?

[bc1969214]

To ensure the highest quality of service your call may be recorded. Excellent, please bring those tapes to court. So, Brachfield is one of these combination debt collectors/law firms that fall under FDCPA, sounds like it with that mini-miranda?