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Showing results for tags '623 response'.
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Need some advice here, not sure how to proceed. Brief timeline of events: Disputed OC to all three reports, it came back verified although certain properties of tradeline are reporting differently to each report... Submitted 623 letter to OC requesting an investigation, twice. Each time I got a letter back saying the account was sold to Riverwalk Holdings and to contact them. The OC is the one reporting it though,.. after 2nd 623 letter came back same canned response, I submitted CFPB complaint. Their response was the same thing essentially. Here is an excerpt: " (OC) no longer owns the rights to this account, we are contractually obligated to forward your dispute to the owner for review and processing, and we are prohibited from releasing any further information. If you have conflicting payment dates, copies of the billing statements reflecting all transactions, payments, and balance history may be requested and disputed with Riverwalk Holdingns, LTD " Hrmm.. The OC reports the tradeline on my reports and not Riverwalk, its marked as charged off and not updating or anything. My question is.. whom did all three CRA verify the disputes with then? OC is telling me since they charged off the account and sold it, they are under no obligation to update and verify accuracy (or remove) the tradeline. Am I wrong in believing that OC must comply with section 623 and provide results of investigation? Side note: I was sued for this account by a separate JDB, not Riverwalk, and hired a lawyer, at which point said company was granted motion to dismiss without prejudice - we sued them back on grounds of fraudulent affidavit and settled, the debt itself is void and cant be transferred/sold/reported anywhere as part of settlement. So, not worried about this popping up as a collection anywhere, just trying to get OC to tell me why 3 sets of conflicting information came back as verified accurate on 3 different reports.