Question

 Why do collection agencies sue?

Answer When you owe a creditor a debt and fail to pay, the creditor might hire a debt-collection agency to exhaust all possible means to collect the debt. This can include legal action.StrategyTypically, ... Read More »
http://www.answerbag.com/q_view/1900116

Top Q&A For: Why do collection agencies sue

Can collection agencies sue consumers?

According to the Federal Trade Commission, collection agencies may sue you to obtain a court-ordered civil judgment against you. A civil judgment gives the collection agency legal rights to collect... Read More »
http://www.answerbag.com/q_view/2057760

Who regulates collection agencies?

Debt collection agencies are regulated by the Federal Trade Commission, or FTC. The FTC enforces the Fair Debt Collection Practices Act that protects consumers. Complaints against collection agenci... Read More »
http://www.answerbag.com/q_view/2143794

Who regulates Texas collection agencies?

Collection agencies are regulated in Texas by the Texas Debt Collection Act, which is under the authority of the Attorney General. There is also a federal Fair Debt Collection Practices Act, which ... Read More »
http://www.answerbag.com/q_view/2106629

Can collection agencies take the tax refund?

Most likely, a collection agency cannot take your tax refund. In fact, your tax refund cannot be garnished unless the creditor in question is the Internal Revenue Service (IRS), the U.S. Department... Read More »
http://www.answerbag.com/q_view/1901820


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