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credit report info

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Posted by yamaha_dreamrider ( on May 30, 2009 at 19:00:56:

Does anyone know for a fact, if a company can buy up a bankrupt companies bad debt and then place it on your credit report as a new account and delinquent?

I have read the FCRA about that and am still unsure if this is legal.

Any info on this would be greatly appreciated.

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