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Feb 25, 2016
Quote:third party collection is illegal !
Um ...
Not quite true, in spite of your replying to a post made Aug 2013.
Bad debts CAN be sold, and the new collectors CAN try to collect.
Eventually, the Statute of Limitations takes effect, and the debtor can not be taken to court. You really need to read the words in the Fair Debt Collection Practices Act (FDCPA)
https://www.ftc.gov/enforcement/rules/rulemak ... ctices-act-text
before making such global statements as the one you pasted here.
Um ...
Not quite true, in spite of your replying to a post made Aug 2013.
Bad debts CAN be sold, and the new collectors CAN try to collect.
Eventually, the Statute of Limitations takes effect, and the debtor can not be taken to court. You really need to read the words in the Fair Debt Collection Practices Act (FDCPA)
https://www.ftc.gov/enforcement/rules/rulemak ... ctices-act-text
before making such global statements as the one you pasted here.