Legal Question in Credit and Debt Law in Virginia

Collecting a debt

CAN I buy a debt from a corporation

and attempt to collect the debt as

an individual? A corporation needs

an attorney in VA and the debt is

not big enough for the corporation

to spend money in attempt to collect, I can buy the debt at 10%

of the money owed.

thanks

carol


Asked on 9/06/07, 3:16 pm

1 Answer from Attorneys
Michael Hendrickson Law Office Michael E. Hendrickson

Re: Collecting a debt

Assuming that the debtor is a consumer who owes the corporation money and that you therfore properly identify yourself as a debt collecting counsel and comply with whatever other legal and procedural protocols that are mandated by the FDCPA and any other related statutes which may apply, I don't see why not.

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Answered on 9/06/07, 5:35 pm


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