answersLogoWhite

0


Best Answer

That's not what actually happens, even though it appears that way. When a collection agency rep. calls you about repayment, they will seldom (if ever) use the "real" company name. The reason being, if they violate federal collection laws, they want to make it as difficult as possible for you to file a complaint. This is why, if the law allows it in your state, you should tape all calls from collection agencies.

User Avatar

Wiki User

8y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Can a collection company do business in one name and report it in another?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Where do you pay collection accounts that are reported on your credit report when the company is out of business or no longer handles the account that was reported for collection?

You pay the collection agency.


Your credit report has two creditors with the same credit card number?

usually this is because the original lender sold the account to a new lender which takes on the loan/debt, but the paper trail is still left on a persons credit report. If a company goes out of business they also liquidate their assets/accounts to another creditor. It also can be because the person did not pay on the account and it was sold to another creditor or a collection company. The most rare case would be that there is a mistake on a persons credit file and should contact the credit report company.


Can unpaid co-payments for Hospital bills hurt your credit report?

Yep! If the ambulance company turns your account over to a collection agency that agency might report the collection on your credit. Medical collections are the most common type of collection on a credit report.


Does business report should begin with a summary of the most important ideas?

Most business reports have a purpose; either designated by the company or organization or an individual making a report personally. A business report should start with the purpose of the report. The body of the business report should contain the information related to that purpose.Only if designated by the company or organization to do so should a report start with a conclusion. The vast majority of business reports are pre-formatted by those who require the information in the report.


Should well-written business report begin with a summary of the most important ideas?

Most business reports have a purpose; either designated by the company or organization or an individual making a report personally. A business report should start with the purpose of the report. Only if designated by the company or organization to do so should a report start with a conclusion. The vast majority of business reports are pre-formatted by those who require the information in the report.


How do you report a debt collection company that is harassing you for a debt you dont owe?

Contact the State Division of Banking in the state the company is located in.


Who do you report a Bad Company to?

The BBB aka Better Business Bureau


What is the meaning of business report writing?

A business report is needed in most companies. This is the way that the company can keep track of their expenses and other important information.


What does it mean when your credit report states that you have a paid closed collection account on you credit report?

The original account with a normal credit company went to a third party collection agency. Only after it went to the collection agency was the debt paid and then the account closed.


A paid collection is still on my credit report it was not turned over a s a last resort they never gave you a chance to make payment arrangements from the time it was due?

go to another company.


If you have old debt from another country and a collection agency in the US is trying to collect can they report the debt on your US credit report?

It is possible.


If you stop paying on a collection account that no longer shows on your credit report can the collection company report the unpaid balance to the credit bureaus?

Yes they can and they probably will. if you are concerned about your credit profile, it would not be a good idea to stop paying.