Legal Question in Credit and Debt Law in California
can i be sued for credit card debt, that was sold to a collection agency
Asked on 2/25/11, 12:40 pm
2 Answers from Attorneys
Asaph Abrams
Law Office of Asaph Abrams
Yes.
Disclaimer: above is not legal advice to be relied upon.
Answered on 2/25/11, 12:43 pm
Tony Carballo
Carballo Law Offices
Yes.... it is very common for banks to sell debt to other companies when they don't want the debt on their accounting books. They sell it cheap so you can negotiate with the buyer of the credit card debt.
Answered on 2/25/11, 8:48 pm
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