4 ms·
> The ones who don't pay up, you nag a few times, then send the note to a debt collector. Doesn't one need to pay the debt collector? It seems like this would
by JadeNB 9y ago
> The ones who don't pay up, you nag a few times, then send the note to a debt collector.
Doesn't one need to pay the debt collector? It seems like this wouldn't be too useful if many people owe a small amount of money.
- freehunter 9y agoI've only ever known one experience with a debt collector (My dad runs a business and had to contract one to recover payments once) but he actually sold the debt to the debt collector. If the debt was $2000, he would sell it to the debt collector for 50%, the collector paid him $1000, and then ran off to collect the full $2000. So yeah if it was $15, you might be hard pressed to get a debt collector to care.