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.

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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.

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Answered on 2/25/11, 8:48 pm


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