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Re: Assigned account


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Posted by Linda (65.120.51.139) on April 06, 2002 at 15:22:00:

In Reply to: Assigned account posted by Amy on April 06, 2002 at 12:21:55:

The terms are actually used interchangably. A collection agency that has bought an account will tell you it has been "assigned" when it was actually sold to them.

A creditor will tell you the debt was transferred, when it was sold, and also when it was simply turned over to their own internal collection department.

You have to ask specific questions and do some probing to find out the real situation.

They will all say anything they think will motivate you to pay it.


Linda


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