In today’s time, debt collection and buying almost goes hand in hand. The practice of debt being sold and collected by debt buyers has consumers aware of how to avoid collection scams. There are regulations in place to help consumers deal with 3rd party collection agencies. Rules has to be followed when collecting from consumers. […]
Can I Be Sued By Creditors or a Debt Collection Agency?
Can My Creditors or a Debt Collection Agency Sue Me? If you have accounts that are in a state of default, don’t think that they will just go away. Most creditors will assign or sell your account to a debt collection agency that will attempt to get you to pay up. These agencies will call […]