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Can an agency collect a debt from someone who was not notified of the debt by the original debtor who is no longer in business and can't be contacted?
Wiki User
∙ 8y ago
Probably. It is likely the debt was bought by the agency from the original creditor. The debtor can request in writing a confirmation of the debt, meaning who it is owed to, and the amount, fees, etc that pertain. Collection agencies often buy accounts from business that close down for whatever purpose.
Wiki User
∙ 8y ago
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Shouldn't you been notified from a collection agency that they would charge off an telephone bill if you co-signed for it for someone else?
It would depend on the agency's established collection procedures. Usually the cosigner is notified after all attempts to collect from the original debtor have failed. The CA will then attempt to collect the debt from the cosigner before deciding whether to inititate legal action.
How can a business collect debt?
A business can collect debt by getting a collection agency to collect the debt. A business could also take it up in court or by putting a lien on the debtor's property.
How do you make a collect call from Australia?
Collect calls from Australia are not very different from the US system. An operator is contacted, given the number, and the end party is informed of the call.
Where to collect my shipment?
Like for example,your shipment will be mailed to a post office and you will be notified to go collect it.Don't worry the shipment/parcel should be dropped at the nearest post office.This should happen...
How to collect fund for small business?
You can collect funds for small businesses by having investors for your business. You need to convince people why this business needs to exist and what benefits it will bring to them.
Can you collect unemployment from Neveda while living in Florida?
Yes, if you qualified for the benefits in Nevada, notified them of your move and continue to follow the instructions given you.
Is there a statute of limitation for debt collectors to collect debt after a man dies?
Yes, there is a limitation. It will vary according to the jurisdiction, but once the estate has notified them, the time frame is relatively short. If they were properly notified of the death and the estate gets settled, they are out of luck.
Debt collection abroad?
Debt Collection Agencies can collect abroad but the agencies that collect abroad are usually commercial collection agencies that deal business to business
Why inland revenue department is interested in the business activities?
cause they collect the taxes of the business
Why was the crop lien system bad for merchants?
. If they could not collect what they were owed, they went out of business.
What is b2b collections?
b2b stands for Business to Business. Collections is the collecting of money owed. So b2b collections would be something a group or company does to collect money owed by one business to another business. A b2c collections is when they are trying to collect money from consumers or customers for bills that haven't been paid to a business.
Statue of limitationsof a speeding ticket in tenn?
Once the ticket is issued, no limit applies. The violator has been duly notified of their violation. The issuing authority can collect at any time.
