Legal Question in Credit and Debt Law in New Jersey
Collection Agency
If a company uses a collection agency to collect a debt and the agency settles for 60% of the total debt are you still responsible to the original company for the balance?
Asked on 4/24/09, 8:34 am
1 Answer from Attorneys
Re: Collection Agency
No, but get the settlement in full satisfaction and accord in writing FIRST.
Answered on 4/24/09, 11:23 am