MSW Capital, LLC

October 26th, Re: [redacted] ***y Revdex.com Case: [redacted] MSW Ref #: [redacted] Account # ending: [redacted] Dear: [redacted] ***, We are in receipt of your 3rd correspondence from the Revdex.com, Revdex.com Case Number [redacted] You again stated that MSW Capital, LLC illegally purchased your accountYou also stated you wanted the payments to stopAs we mentioned previously, MSW Capital, LLC is a passive debt-buying company meaning that we purchase the accounts and outsource the collection effort to our collection agencies or law firmsThis account was purchased from [redacted] in January and placed with [redacted] in May We have full and legally binding Chain of Title documents pertaining to the sale of the account and receivables of this account from [redacted] through [redacted] Your statement that we purchased this account illegally is completely inaccurate since we are the legal account owner [redacted] is no longer collecting from your accountIf you believe this to be inaccurate, please attach a copy of a bank draft going to [redacted] so we can research this for youWe have contacted [redacted] to close your account which they had previously confirmed has been doneMSW Capital has also agreed to do the same and there will be no further collection attempts made on this account moving forwardYou will not receive any more collection letters and/or collection phone calls pertaining to this debtSincerely, Michael K [redacted] Chief Operating Officer MSW Capital, LLC This communication is from a professional debt collector

February 13th, Re [redacted] Revdex.com Case: [redacted] MSW Ref # [redacted] Dear [redacted] We are in receipt of your correspondence from the Revdex.com, Revdex.com Case Number [redacted] and have finished our reviewYou stated that MSW Capital, LLC did not report to the credit bureau reporting agencies correctlyMSW Capital, LLC is a passive debt-buying company meaning that we purchase charged off accounts and outsource the collection effort to our collection agencies and/or law firmsMSW Capital, LLC does not make active collection attempts as we are represented by our servicer (either law firm or agency) who handles representationYour Credit One Credit card was purchased on August 15th, and was placed with [redacted] that same monthMSW Capital, LLC does show your account was paid in full completely to [redacted] in March In response to your claim that MSW Capital, LLC did not report correctly to the credit bureau agencies, this is not trueMSW Capital, does not report to the credit bureaus at allWe do not place any tradelines on your credit bureaus and only the originating company or the Credit Bureaus themselves can make changes (additions, deletions or modifications), so therefore there is nothing for us to updateYou may be referencing a tradeline showing that was placed on your credit bureau by the originating company with which you signed up for the card; we have no control over that tradeline and it would have stopped updating on your credit bureau when the tradeline was soldAs an option, it’s possible to use your paid in full letter from [redacted] Group as well as this notification from MSW Capital showing the debt has been paid and to present that to each of your credit bureau reports in the hopes that they will update/delete the tradelineAgain, we have no control over this since it can only be updated by the original issuer of the tradeline or the Credit Bureaus themselvesOur goal is always to try and assist every customer in resolving their accounts in accordance with the FDCPA and all other Federal and State laws and guidelinesWe appreciate you bringing this to the Revdex.com and allowing MSW Capital, LLC a chance to review this matter for youSincerely, Michael K [redacted] Chief Operating Officer MSW Capital, LLC

June 8th, Re [redacted] Revdex.com Case: [redacted] MSW Ref #: [redacted] OC Account # ending: [redacted] Dear [redacted] , We are in receipt of your correspondence from the Revdex.com, Revdex.com Case Number [redacted] and have finished our review and investigation on your behalfMy apologies first to you for needing to take additional time to review all the facts in this caseYou stated that MSW started to garnish your wages and that you have excellent and clean credit and do not owe money to any companyAfter our review, we agree with your belief that you do not owe any money to MSW CapitalTo give you some background on this situation; MSW Capital, LLC is a passive debt-buying company meaning that we purchase charged off accounts and outsource the collection effort to our collection agencies or law firmsMSW does not collect nor garnish on any account directlyThis account in question was purchased from [redacted] in and placed with [redacted] in January [redacted] went through all proper and legal procedures following Florida procedural law in regards to this debt to obtain judgment and enforce the judgmentThe law firm legally served an employer to verify the proper name and SSN listed on the court documents and enforce their judgmentIn our thorough review, it was determined that the employer erred by not reviewing the court documents properly and allowed the garnishment to proceed and withdrew monies from your paycheckFlorida law allows the employer to withhold funds until a court order is issued to release the funds to the plaintiffThe order was not filed and our law firm has already filed the dissolution of garnishment in this caseYou should contact your employer to ensure the funds are released back to youThis situation was caused strictly due to the employer’s non-verification to ensure the correct defendant in the court paperworkOur goal is always to try and assist every customer in resolving their accounts in accordance with the FDCPA and all other Federal and State laws and guidelinesWe appreciate you bringing this to the Revdex.com and allowing MSW Capital, LLC a chance to review your case thoroughlySincerely, [redacted] K [redacted] Chief Operating Officer MSW Capital, LLC

June 8th, 2016 Re[redacted] Revdex.com Case: [redacted] MSW Ref #: [redacted] OC Account # ending: [redacted] Dear [redacted], We are in receipt of your correspondence from the Revdex.com, Revdex.com Case Number [redacted] and have finished our review and investigation on your behalf. My apologies first to...

you for needing to take additional time to review all the facts in this case. You stated that MSW started to garnish your wages and that you have excellent and clean credit and do not owe money to any company. After our review, we agree with your belief that you do not owe any money to MSW Capital. To give you some background on this situation; MSW Capital, LLC is a passive debt-buying company meaning that we purchase charged off accounts and outsource the collection effort to our collection agencies or law firms. MSW does not collect nor garnish on any account directly. This account in question was purchased from [redacted] in 2010 and placed with [redacted] in January 2013. [redacted] went through all proper and legal procedures following Florida procedural law in regards to this debt to obtain judgment and enforce the judgment. The law firm legally served an employer to verify the proper name and SSN listed on the court documents and enforce their judgment. In our thorough review, it was determined that the employer erred by not reviewing the court documents properly and allowed the garnishment to proceed and withdrew monies from your paycheck. Florida law allows the employer to withhold funds until a court order is issued to release the funds to the plaintiff. The order was not filed and our law firm has already filed the dissolution of garnishment in this case. You should contact your employer to ensure the funds are released back to you. This situation was caused strictly due to the employer’s non-verification to ensure the correct defendant in the court paperwork. Our goal is always to try and assist every customer in resolving their accounts in accordance with the FDCPA and all other Federal and State laws and guidelines. We appreciate you bringing this to the Revdex.com and allowing MSW Capital, LLC a chance to review your case thoroughly. Sincerely, [redacted] K[redacted] Chief Operating Officer MSW Capital, LLC

February 13th, 2018 Re[redacted] Revdex.com Case: [redacted] MSW Ref #[redacted] Dear [redacted] We are in receipt of your correspondence from the Revdex.com, Revdex.com Case Number [redacted] and have finished our review. You stated that MSW Capital, LLC did not report to the credit bureau...

reporting agencies correctly. MSW Capital, LLC is a passive debt-buying company meaning that we purchase charged off accounts and outsource the collection effort to our collection agencies and/or law firms. MSW Capital, LLC does not make active collection attempts as we are represented by our servicer (either law firm or agency) who handles representation. Your Credit One Credit card was purchased on August 15th, 2013 and was placed with [redacted] that same month. MSW Capital, LLC does show your account was paid in full completely to [redacted] in March 2014. In response to your claim that MSW Capital, LLC did not report correctly to the credit bureau agencies, this is not true. MSW Capital, does not report to the credit bureaus at all. We do not place any tradelines on your credit bureaus and only the originating company or the Credit Bureaus themselves can make changes (additions, deletions or modifications), so therefore there is nothing for us to update. You may be referencing a tradeline showing that was placed on your credit bureau by the originating company with which you signed up for the card; we have no control over that tradeline and it would have stopped updating on your credit bureau when the tradeline was sold. As an option, it’s possible to use your paid in full letter from [redacted] Group as well as this notification from MSW Capital showing the debt has been paid and to present that to each of your credit bureau reports in the hopes that they will update/delete the tradeline. Again, we have no control over this since it can only be updated by the original issuer of the tradeline or the Credit Bureaus themselves. Our goal is always to try and assist every customer in resolving their accounts in accordance with the FDCPA and all other Federal and State laws and guidelines. We appreciate you bringing this to the Revdex.com and allowing MSW Capital, LLC a chance to review this matter for you. Sincerely, Michael K[redacted] Chief Operating Officer MSW Capital, LLC

Complaint: [redacted]I am rejecting this response because:As I stated earlier, my agreement with [redacted] did not state any of the practices that MSW Capital, LLC.  My credit report reflects [redacted] nothing reports MSW Capital.  You illegally bought my account under the terms between [redacted] and MSW.  [redacted] says they can do anything with a "closed account".  I'm an active duty soldier and moved to a new assignment.  [redacted] didn't want to work with me on my new position.  Thus, the agreement between MSW Capital and [redacted] voids my agreement between [redacted] and the account holder.  I am not liable to any interest or the amount due.  I paid [redacted] toward my [redacted] account, not MSW Capital.  You are a third party that never consulted me on my account and/or the agreement. Thus, I am not responsible for any amount paid that you had "purchased" through Credit One.  You have NO RIGHT upholding an "agreement" that I had never signed, nor agreed upon.  I demand a refund of all of my paid to [redacted] because it isn't going to my [redacted] account it is going to MSW Capital, a third party consulting firm. Regards,[redacted]

Complaint: [redacted]
I am rejecting this response because: MSW Capital lied about the purchase, erroneously charged interest on the account, and gave [redacted] false information on the account.  I have spent way too much time trying to correct this matter.  However, MSW Capital still feels there was no error and has received MORE than the origina[redacted] account.  If MSW Capital would have provided ALL information in a timely fashion, I would not had to go to great lengths to rectify the errors.  I am owed for my time, the errors of MSW, and the overpayment of th [redacted] account. 
Regards,
[redacted]

October 26th, 2015 Re: [redacted]y Revdex.com Case: [redacted] MSW Ref #: [redacted] Account # ending: [redacted] Dear: [redacted], We are in receipt of your 3rd correspondence from the Revdex.com, Revdex.com Case Number [redacted] You again stated that MSW Capital, LLC illegally purchased your account. You...

also stated you wanted the payments to stop. As we mentioned previously, MSW Capital, LLC is a passive debt-buying company meaning that we purchase the accounts and outsource the collection effort to our collection agencies or law firms. This account was purchased from [redacted] in January 2013 and placed with ** [redacted] in May 2013. We have full and legally binding Chain of Title documents pertaining to the sale of the account and receivables of this account from [redacted] through [redacted] Your statement that we purchased this account illegally is completely inaccurate since we are the legal account owner. [redacted] is no longer collecting from your account. If you believe this to be inaccurate, please attach a copy of a bank draft going to [redacted] so we can research this for you. We have contacted [redacted] to close your account which they had previously confirmed has been done. MSW Capital has also agreed to do the same and there will be no further collection attempts made on this account moving forward. You will not receive any more collection letters and/or collection phone calls pertaining to this debt. Sincerely, Michael K[redacted] Chief Operating Officer MSW Capital, LLC This communication is from a professional debt collector.

September 25th, 2015 Re: [redacted] Revdex.com Case: [redacted] MSW Ref #: [redacted] Account # ending: [redacted] Dear: [redacted], We are in receipt of your correspondence from the Revdex.com, Revdex.com Case Number [redacted] and have finished our review and investigation on your behalf. You stated...

that you closed the account at the amount of $1,250 but the account continued to accrue a balance. You stated that you never agreed to this. MSW Capital, LLC is a passive debt-buying company meaning that we purchase the accounts and outsource the collection effort to our collection agencies or law firms. This account was purchased from [redacted] in January 2013 and placed with ** [redacted] in May 2013. Your account was already closed by [redacted] bank prior to us purchasing the account. Your account was charged-off by the bank on December 14th, 2012 due to non-payment with a balance of $1,306.81. The last payment they received from you was on July 20th, 2012 in the amount of $43.00. Even though your account may have been closed your account will continue to accrue interest and fees. Once the account was sold, your account continued to accrue interest per your legal contract rate within the initial contract agreement when your account was opened with [redacted] Bank; your account was opened on May 8th, 2008. Our goal is always to try and assist every customer in resolving their accounts in accordance with the FDCPA and all other Federal and State laws and guidelines. While we cannot always agree on a mutual outcome we appreciate you bringing this to the Revdex.com and allowing MSW Capital, LLC a chance to review your case thoroughly. Sincerely