Legal Question in Civil Rights Law in Texas

Re: Sued by Collection Agency

you may have quite a few options here, but it would be fairly time consuming to discuss them with you here. however, in a nutshell, yes, it is perfectly legal for an original creditor to assign or sell its rights against a debtor to a third party collection agent or debt purchaser. so, this third party at issue is now the owner of your debt, not the original creditor, and you may only deal with the third party now legally, unfortunately. however, this third party only steps in the shoes of the original creditor, and will have NO greater rights than they had. further, it is common for third party creditors to take debtors either to the national arbitration forum for debt resolution first and then ultimately small claims or superior court. further, unfortunately, reasonable attorney fees and/or court costs may also be added to the original claim amount plust interest. if you would like to know what some good options are here, you may contact us today with your direct contact information, and we may be able to give you a free phone consultation based on any additional facts you can give us.