Can a collection agency sell a debt?
Date: Sat, 01/26/2008 - 11:53
I have a hosp bill which the collection agency failed to validate the debt despite my letters. I know they are not suppose to but can they sell the debt off to another collection agency? Do collection agencies sell debts to other collection agency's? Thanks
Yes, they will probably sell it and then you will get the calls
Yes, they will probably sell it and then you will get the calls from another agency, you should keep the letter you wrote on your computer then you can just change the name and address and mail it out. goodluck.
They can sell it over and over and over again. It's unfortunate
They can sell it over and over and over again. It's unfortunate but it happens. The best think you could probably do is to continue to try and get them to validate. Who knows, maybe the next company will actually do things the right way.
I agree and if you can ever get them to actually validate..the a
I agree and if you can ever get them to actually validate..the amount you will agree to pay will be considerably less than the original debt if it has been sold over and over again..pennies on the dollars from what I have heard! good luck to you!
Don't quote me
I thought that was illegal, I think it is called double dipping/if the orignal debt can't be paid, how does it get sold..........
reply
it's double dipping if a CA or JDB sells the debt then continues
attempting to collect while the other CA or JDB is also attempting collection.these places sell debt all the time,but that's not double dipping if only one is collecting or attempting to collect.
I set up an account with Supportkids to help me get my child sup
I set up an account with Supportkids to help me get my child support since the original case with the state was getting me nowhere, now Richard J. Boudreau & Associates, Llc. has taken over the account and I was not notified till after the fact that the account had been bought. I'm not the one that owes the debt it's my ex but I do not want to deal with a collection agency anymore since we have come to an agreement and it seems to be working. So how do I get out of this situation? I only signed the original contract with Supportkids, I have not signed a new contract with this company and I do not want them to start hounding the father. What can I do?