I recently purchased a portfolio of oos accounts and have found a the following issues:

1. BK and Deceased accounts ( the portfolio was to be scrubbed prior)
2. Several Accounts owned by another company
3. Mixed up social security numbers on one portion of the file

I have spoken to and provided supporting docs to the company seeking resolution to have them honor the 90 day warranty period with no success.
They stated approximately 3 weeks ago that a check was mailed for the BK and Deceased. Not surprising the check has
never been recieved. During my last conversation with them they stated that a check was mailed and that they are paying
us less than what we paid for the accounts. Even though the portfolio was offered at a flat rate and I paid a flat rate for the portfolio.
They are attempting to claim that each product in the portfolio was priced different. This obviously was the first I had heard of this.

I think our next option is to pursue this legally. Any insight would be helpful.

Yes and good luck I am guessing you are not the first person they done this to. Please share the company name to help prevent others from purchasing from them.

Edited: 11/04/2009 at 09:41 PM by NSBI

If you pursue legal action, you'll need a LOT of luck, but I'll wish you ever bit I can. Like NSBI, I would also like to know who to avoid in the future....

See this thread.