Question on Texas DV

[needhelp15]

I am a resident of Texas and sent a DV to Cach invoking TFC, including the 60 day right to cure under BCC--I also made specific demands asking about proof of the transfer from OC to them, the original agreement, and complete payment and service history. Within the 30 days they did respond, but their response was a generic letter saying they are just a "passive" buyer and only showing my name, date they acquired the debt, the amount.

 

However, they never responded, as the code states they must, with either a denial of inaccuracy, admittance of inaccuracy, or asked for more time. And yet after 60 days now, they have still not updated the TL--It still says customer disputes. Has anyone had a similar experience. If so, what were they next steps you took? And advice from someone that has gone through this would be great. It is the only thing I need to clean up and I would like to know my options are.

 

 

[moosetracks]

Any complaints about the CA would go to the TX AG and that is what I would do if they are out of time.

[needhelp15]

Thank you! I already sent off a letter to the TX AG. It seems a bit curious to me that Cach is the holder of the alleged debt, is the one reporting on the CRs, but yet claims to be a bystander. No matter what they think of themselves, they are the principle and the law office is their agent. Speaking of, after Cach was in receipt of DV foreclosing any contact by phone, their law office decided to call me the next day regardless. What would be the proper way to use such leverage, if there is any?

 

Thank you.

[soundtraxx]

Posting to follow thread, I live in TX and would like to see how this plays out.

OP PLEASE continue to update this thread.

[needhelp15]

I will update. I sent supporting documentation to the Texas AG as well. My OP was not very detailed or well thought out so I apologize. I will be speaking with the bonding company tomorrow (there are two different ones--one for Cach and one for the "law firm") and will update this board after the fact. The law and its application isn't difficult, and having full access to WLN and Lexis is beneficial, along with being a law student, but I am really curious to see how others have dealt with Cach, LLC being the holder of the debt yet disclaiming any active role and what success they have had. Because the "law firms" they use are franchises and Cach/Square two is the franchisor, and they can be liable for their franchisee's torts. Any way, we'll see what happens.