can I still settle with the original creditor
Date: Mon, 01/08/2007 - 15:24
can I still settle with the original creditor if the collection agency they sold my account to Sued me and is now charging my account for there fees and the judgement / legal fees?
Unfortunately, no! The original creditor does not have your file
Unfortunately, no! The original creditor does not have your file in their system. It is sold to the collection agency who now becomes the current creditor. And, they are authorized to collect the fees and court costs that occurred during filing the judgment?
Does that also apply for
Does that also apply for trying to settle with the original creditor if I haven't been sued?
Your file has to be with the original creditor if they are to ac
Your file has to be with the original creditor if they are to accept your payment arrangements. It doesn't matter if you were sued or not. Once the debt is sold to any outside collection agency, the creditor earns their dollars. The collection agency makes further contacts with people to recover their costs.