Debt Buy Out
I was sent a debt buy out for an account that I couldn't pay after having to go on disability. When I called to accept the buy out they refused it, now they are suing me for more than double the amount. I have a court date. I never denied I owed the money and tried work out some type of payments, but they refused the payment amount because they said it wasn't enough. What am I suppose to do? I can't afford to pay it off in full.
Reply from DebtCollectionAnswers.com:
Deserie - Very often the collection agencies or debt buyers who bring these lawsuits lack the documentation to successfully sue borrowers. The attorney can help you find out if that's the case here.
We suggest you read our pages about being sued by a collection agency or debt buyer.
Click here to post comments
Return to Debt Collection Questions.
Learn how debt collection laws can help you!
This website does not provide legal advice.
All information is for educational purposes only.
Copyright 2007 - 2017 by Mary Reed and Gerri Detweiler.
All rights reserved.