Depends on which USA state where you live -
Check Debt with Statute of Limitations; and
http://www.bcsalliance.com/y_debt_sol.html
Yes, interest and fees are still charged when an account is sent to collections or purchased by a third pary collector.
YES, they purchased a debt contract. The original creditor does not forgive / eliminate a debt by selling it to a collector -- they simply gave-up on collecting a worthwhile settlement from you.
If the electric company purchased the airline company than it is an acquisition by the electric company.
Unum
Ditech, a lending company that offers lines of credit and mortgages was purchased from a private owner in 1999.
They were purchased by another company
Yes, interest and fees are still charged when an account is sent to collections or purchased by a third pary collector.
When often another company buys a credit card company, they have purchased your account. Most often, it is business as usual, and payments are directed to the new owner of the account.
Some merchant fees charged could be shipping and handling fees to help offset cost to the company. Another fee charged by discovery card is processing.
YES, they purchased a debt contract. The original creditor does not forgive / eliminate a debt by selling it to a collector -- they simply gave-up on collecting a worthwhile settlement from you.
If the electric company purchased the airline company than it is an acquisition by the electric company.
The company GWV Vacations was purchased by another company called Apple Vacations in the year 2006. Apple Vacations has quickly become one of the largest vacation companies, offering customers a one-stop vacation planning and purchasing experience.
It is usually charged by the kilowatt hour which the company gets from reading your meter every month.
You could be charged with theft of services.
no
A merger occurs when one company purchases another. Often the company being purchased cannot afford to stay open by their own funds, and the purchaser capitalizes on the products and customers available.
The name of a company where Eric Clapton tickets can be purchased is Ticketmaster. Ticketmaster is the largest live entertainment company in the world.