– debtfreedomination.com
Is it legal to resolve your credit card debt, then the creditor sells the balance to another Co?
I was on the verge of bankruptcy two years ago and my parents generously offered to let me go home for a year to get my credit squared away. In that year, I managed to settle my debt to all my creditors almost for about half to 2/3rds of the original debt. For example, my debt to a credit card was approximately I settled for $ 1,800 and $ 1,000 and paid off. A year later, I’m starting to receive letters from the various creditors claiming he owed $ 800.00 them now as they have acquired the balance of my debt collection agency for the last time. Is this legal? Why should I bother if the solution may turn right around and do pay the full balance anyway? I live in Oklahoma, if that matters.
DO NOT pay them anything and tell them that you have resolved the debt original with the original company. If you must insist that the money they say they have documentation to demonstrate that the debt was settled, and if you report to credit companies, you are going to file a claim for unfair debt against him. very energetic and I wanted, but never pay them a dime. If it does, as an acknowledgment of the debt.
How To Settle Credit Card Debt Yourself