Blitt and Gaines, PC . Can They Really Sue Me?
See, a debt is a debt, you
See, a debt is a debt, you are liable to pay it off even after it has sold twice or thrice. If the debt has expired (SOL is over), then you can ignore them. But if the SOl is not over, you should ask for the validation of the debt. Once they validate the debt and mention your original creditor, you are liable to pay the debt off.
So, in the second situation, I think you should pay off the debt since they have already validated your debt. Talk to them for a settlement. Try to settle the debt in a lump sum. Also, keep all the settlement agreement and letter with you to avoid the future mess.
Submitted by Sanders Patricia on Thu, 09/20/2018 - 06:16
For your first question, they
For your first question, they can file a lawsuit. but they first make collection attempts to get money. But, they should reply to your debt verification letter stating that they now owe the debt and stating the name of the original creditor.
In reply to your second question, a debt collection company can purchase the debt from your original creditor. Now, they are contacting you to collect the debt.
I would suggest read the letter carefully, If required, talk to a lawyer and he/she can guide you through.
What state are you in? Need
What state are you in? Need to check the SOL period in your state.
My suggestion: Settle the debt out of court since that will help you avoid legal hassles. Okay. The debt is valid. So you shouldn't try to avoid it.