Home
Public Forum
Credit Reports
Apply For Cards
Credit Directory
Credit Overview
Credit Problems
Credit News
International
Credit Glossary
Purchase Books
Credit Laws
Business Credit
Merchant Accts
   

Re: How the? cannot keep up: ASS Acceptance


[ Follow Ups ] [ Post Followup ] [ Credit Forum Index ]

Posted by JKelly (141.151.13.80) on July 17, 2004 at 14:18:05:

In Reply to: How the? cannot keep up: ASS Acceptance posted by FannyB on July 17, 2004 at 13:42:27:

Yes, it is common practice for CAs to sell the debt when they figure it's uncollectible. That's actually a good thing. You see evertime the debt is sold, they sell it for less money, and the chanes of them validating anything in court is less too. Just sit out the SOL.


Follow Ups:



Post a Followup

Name:
E-Mail:

Subject:

Comments:

Optional Link URL:
Link Title:


[ Follow Ups ]   [ Post Followup ]   [ Credit Forum Index ]

 

    Top Of Page

  

Copyright © 1999-2004 Enkephalos Web Design