Re: Why Chat What are you talking about ?
[ Follow Ups ] [ Post Followup ] [ Credit Forum Index ]
Posted by Why Chat (22.214.171.124) on September 06, 2002 at 15:01:22:
In Reply to: Why Chat What are you talking about ? posted by K on September 06, 2002 at 14:52:03:
Let us assume you have made a 50% settlement with a CA for a $10,000 debt, let us also assume you are within SOL when you did it. Now the CA has agreed to accept 50% for payment in full.
Now he sells the balance to another CA, who is NOT bound by the settlement agreement you made with the first one.You are still within SOL, and can still be sued for the balance.
Post a Followup