Legal Question in Credit and Debt Law in New York
Nikki
is it against the law for the credit card company I owe money to, to sell my dedt to another agency?
Asked on 5/22/09, 11:34 am
1 Answer from Attorneys
Jeffrey Shepro
Jeffrey Shepro PC: NY Commercial Real Estate and Business Law
Re: Nikki
Generally speaking it is not illegal for a credit card company to sell your debt to another company -- it happens frequently. But that doesn't mean you can't defend yourself. There may be many other defenses that apply but I can't advise without knowing more. If you would like to discuss further, please feel free to call or email.
Answered on 5/26/09, 1:37 pm