I got in trouble on with a Chase card a few years ago. I moved and was late on a payment one time, they increased my interest to 30%. I owed 10K on this card, and had no other cards i could transfer this amount to. So I panicked and hired Hess Kennedy as a Dept Settment. Ive been paying them for 2+ years, and recently found out it was basically a scam, and I may or may not get my money back. During this time I was never once contacted by a debt collector. However, today I received a letter from Palisades Collection, advising me they purchased my debt.