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IF the CA was assigned the debt by the lender, IF the CA bought the debt from the lender, most important, IF there was a judgment against the debtor. YES. 6 yrs of interest adds up.

YES

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โˆ™ 2015-07-16 18:05:44
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Q: If a car was repossessed and the amount due was 15K dollars can a collection agency claim to be collecting the amount due plus interest seven years later?
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Related questions

Can a million dollars double in a year on interest?

You can,t a million dollars interest from a million dollars but you can get half a million dollars


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That depends on the interest rate. If the interest rate is 1%, the interest is 40,000 dollars yearly. If it is 2%, the interest is 80,000 dollars yearly, etc.


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I will pay twenty dollars a month on a hospital bill into a collection agency


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