Can collection agency sue for a debt?
Collection agencies can, absolutely, sue for a debt. They cannot, however, threaten to sue if they have no intent to do so. Knowing your rights under the Fair Debt Collections Practices Act can save you a lot of grief and stress when dealing with debt collectors. Debt collectors do have rules they must follow. Look here for more information: http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre18.
Collection agencies can, absolutely, sue for a debt. They cannot, however, threaten to sue if they have no intent to do so. Knowing your rights under the Fair Debt Collections Practices Act can save you a lot of grief and stress when dealing with debt collectors. Debt collectors do have rules they must follow. Look here for more information: http://www.ftc.gov/bcp/edu/pubs/consumer…
Related Questions
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