Consumer complaint received 2024-07-17
Product: Credit card — General-purpose credit card or charge card
Issue: Improper use of your report — Reporting company used your report improperly
Company: PORTFOLIO RECOVERY ASSOCIATES INC (NY)

shared information i dont know how they got my info its against the law XXXX  XXXX bank and also XXXX  XXXX  they keep passing around my info that is being sold to them and their requesting payment i dont want them to contact me or send any letter i want this off my credit report. 
When a company buys your credit card debt, the law requires that the buyer, or debt purchaser, follow the same rules as the original creditor and that you keep the same legal rights. This means that the debt purchaser can not add interest or charges unless they are in the terms of your original credit agreement. There are also regulations in place to protect consumers from unfair practices, such as requiring collectors to provide proof of ownership and accurate debt documentation. 
they also didnt Information regarding the statute of limitations. The statute of limitations is the time limit for collection on the debt. Some debts are too old to try to collect on under the law that applies to those particular debts. The debt collector must be able to figure out if the statute of limitations has passed. If the debt collector knows, or should know, that the debt is too old to collect on, they must do the following : Tell you that the statute of limitations may have expired ; Tell you that it is a violation of the federal FDCPA ( Fair Debt Collections Practices Act ) to sue to collect a debt for which the statute of limitations has expired, however, simply trying to collect the debt without suing is permitted ; Tell you that you do not have to admit to owing the debt, promise to pay the debt, or give up your rights regarding the statute of limitations ; Tell you that, if you do admit to owing the debt or promise to pay the debt, then the statute of limitations my restart so that the debt collector can sue you on that debt. 
If you do not agree that you owe the debt or you think the amount owed is incorrect, the new regulations offer some protections for you as well. You can request that the debt collector provide you with information to show that the debt belongs to you and/or that the amount is correct. The debt collector must provide you with this information within XXXX  days. By law, the debt collector is not allowed to continue trying to collect on the debt until the required information is provided. The information the debt collector must provide to you if you dispute the debt in writing includes : Any contract or application you signed related to the debt if it is available ( if it is not available, then the collector may show a document created by the original creditor ( not the debt collector ), showing that you owe the debt ) ; The statement the original creditor sent to you showing that it planned to charge-off the debt and send it to a debt collector ; A statement describing how the debt collector acquired your debt from the original creditor ; Information regarding any prior settlement of the debt. 
If you are able to pay the debt, the new law offers additional protections. If you and the debt collector agree to a payment schedule or other settlement, the debt collector must provide you with a written confirmation of the agreement within XXXX days. If you get on a payment plan with the debt collector, you are entitled to quarterly accounting of payments you have made. Once you pay off the debt, the debt collector must give you a written confirmation that you paid off the debt within XXXX  days.