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I imagine it could work its way to collections eventually, but I'm not sure.
by Sgt_Apone 10y ago
I imagine it could work its way to collections eventually, but I'm not sure.
- eric_h 10y agoOnce the debt has been sold and resold a few times, I doubt collections companies have much incentive to actually sue for this amount of money, let alone an ability to actually win the case.
- asp_hornet 10y agoThey don't need to sue, they can just list your debt with credit listing company and put a mark on your credit history. That can be annoying enough to settle a debt.
- eric_h 10y agoFrom personal experience neglecting debts I believed to be unjust, I've not gotten any dings on my credit rating inspired by collections companies who acquired the debt for the cable box that I never returned, after paying 3x its value in rental fees. This didn't stop them from calling me and threatening my credit rating, but it seems their threats had no teeth. /anecdata