CAMCO sent a collection letter stating, "&your ITT/Household Finance account# XXX which was formerly held by The Sagres Co. Has been purchased by Capital Acquisition and Management Co., &You owe $2500. Plus interest etc". I did infact have an outstanding debt with ITT/Household Finance, and at one time The Sagres Company did send me a letter trying to collect.
The debt was fresh in my mind because I just recently finished paying off this outstanding balance with another collection agency. I am forwarding a copy of my "Paid In Full Notice" to Camco, who didnt believe me when I called them.
I have (X2) different letters from (X2) seperate collection agencies, both stating that they have purchased all right, title and interest on an old debt (both agencies show same account #). Could it be possible that the debt information was sold twice? I noticed most of the people getting ripped off are from California, The Sagres Co. Is based in California - could there be a connection?
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