Re: Assigned vs. Sold to CA
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Posted by JKelly
(68.163.2.72) on August 12, 2004 at 00:53:03:
In Reply to: Assigned vs. Sold to CA posted by Melissa on August 11, 2004 at 23:58:57:
Regarding the SOL, it makes no difference. If it is assigned, it's like the OC hired the CA to collect. If the CA does collect, the OC gets paid and the CA gets a percentage. If the CA buys an account, the OC gets the tax write off and can never get the account back again. If the CA collects the OC does not get the money, it's all profit for the CA.
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