Legal action
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Posted by Fenrir
(148.129.143.132) on October 30, 2002 at 15:41:20:
When a collector calls a debtor and says "we are taking legal action, we're filing suit", etc. is there a time limit on when legal action can be initiated after the verbal warning? I understand that it is illegal for a collector to threaten action that they cannot or will not take.
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