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Sold Debt
If a company that I owed a debt to sells it to another company or collection agency does the Statute of Limitations start over? If the debt is sold and the new company puts it on my credit report will that stay on my report for another 7 years? Thanks for any imput.
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The SOL stay the same even if another company buys the debt, which is common practice nowadays.
When a Debt Collector sends you a dunning letter you must reply or the debt is consider valid. Read this post here: https://www.askmehelpdesk.com/bankru...ask-29036.html |
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