Legal Question in Consumer Law in Utah
Purchased debt
When a creditor sells debt to a debt purchaser, does he have to notify the debtor, and does he have to give the debtor a chance to purchase the debt at the same price?
Asked on 7/19/08, 4:26 pm
1 Answer from Attorneys
Alvin Lundgren
Alvin R. Lundgren, L.C.
Re: Purchased debt
A creditor can sell his debt to anyone, without notice.
Answered on 7/21/08, 11:06 am
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