My question involves collection proceedings in the State of: CA
Kind of crazy one here.
My girlfriend had a loan taken out under her name that was opened by her ex-boyfriend. The ex-BF had her sign documents, without her knowing what it was for. From what I am told, the bank did not follow the rules properly either to take this loan out. Her ex-BF had friends that work in the bank.
The ex-BF has been supposedly paying the monthly payments for 5 years. He has now missed several payments.
Wells Fargo has now sold this debt to an investment group. This investment group has hired a debt collection agency.
My girlfriend received a call from the collection agency, saying she owes $25K for this loan.
We are going to check if this shows up on her credit report tonight.
1. If this does show up on the credit report, can we have it removed?
2. OR, if it does show up, how can we have it transfer over to her ex-BF?
Its essentially fraud, but she doesn't want to take this to court with her ex...it would just be too big of a mess.
Any suggestions would be greatly appreciated.

