on 08-01-2015 22:44
Well collections isn't my department but what I know is that the debt can be sold again if the company that initially bought it couldn't collect it but as it was mentioned it can be returned back to o2.
Nice job @Anonymous .Spot on!
on 09-01-2015 00:08
If debt is sold be a creditor to a debt collection company then the methods of collection can be much harsher. Not many companies in the consumer market sell debt as there is then no control re collection methods but the creditor company takes the backlash if the press get involved etc.
So no o2 don't sell the debt on.
on 13-01-2015 13:02
This is incorrect information you have supplied , o2 did sell my apparant " debt" to a company called Lowell - Lowell informed me the debt was indeed bought from o2 and o2 head of complaints dept advised they have nothing more to do with the account . Lowell advised they " purchased the debt with a default"
I just spoke to them this week
Certainly not Myth
on 13-01-2015 13:56
Like I've mentioned before, O2 do sell the debt to collection agencies, don't know what else to say either than that. And the company mentioned, although not one of the most used, is used by O2.
on 13-01-2015 17:50
The fact there is a default on there in terms of who is chasing the debt is broadly irrelevant.