Legal Question in Credit and Debt Law in Indiana

I was wondering if it is legal for a company to be awarded a judgement in small claims court and then sell that same debt to a collection agency (the amount is slightly differenct from the judgement amount, but I only owe one debt to the company and both appear on my credit report)?


Asked on 8/27/11, 7:37 am

1 Answer from Attorneys

It is legal to sell the debt to a collection agency or anyone else who wants to collect on the debt.

Read more
Answered on 8/28/11, 3:45 pm


Related Questions & Answers

More Credit, Debt and Collections Law questions and answers in Indiana