Can a Collection Agency Sue Me For Debt? How Do I Prevent Being Sued For Debt?
Debt collection agencies can sometimes be a bit over enthusiastic in their pursuit of an outstanding debt. It is not unheard of for a collector to threaten legal action just to scare you into paying up, rather than because they actually plan to take you to court. You can of course be sued for a debt you owe, but it would be unlikely that it would be the debt collection agency who were going to sue you. Collection agencies tend to work on a commission basis for the companies that the money is owed to, so it is possible that the original company may indeed plan to sue you and be using the agency to implement their legal action. The other possibility is that the collection agency could have bought your debt from the original company, so that you now owe the money to them. In this case the decision to sue you or not would rest entirely with the agency. The worst that can normally happen if you are sued, is that a court order will be made against you, which will mean you have to pay back th
Related Questions
- A debt collection agency may sue you and if a judgement is granted against you, a collection agency may go into your bank account to collect the amount owed. Question: Can I go to jail for not paying the purported debt?
- Can a Collection Agency Sue Me For Debt? How Do I Prevent Being Sued For Debt?
- Can a collection agency sue for a debt?
