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View Diary: NYT: Debt Collectors In The E.R. And At Your Bedside During Recovery (168 comments)

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  •  Can you pay off the original debt, and have that (0+ / 0-)

    "count," if the debt has already been sold?  Companies dont' necessarily do debt collection as agents of the person owed money; they buy debts (at a discounted price, of course).  I thought that even if you want to square things up, once the debt is sold, you have to pay the owner of the debt.  Even if you pay the full amount to the original service-provider, you'd still have to pay the debt owner too.

    --------------- --------------- --------------- "Every part of you belongs to you." -- from a story of Virginia under the Personhood law. Read it here.

    by Fiona West on Tue Apr 24, 2012 at 07:55:16 PM PDT

    [ Parent ]

    •  From what I've read, some do, some don't. (0+ / 0-)

      It depends on if the debt was actually sold, or if it was farmed out to the collection agency but not actually sold to them.  You're right if it was sold; in those cases, the original creditor should tell you you have to deal with the collection agency.

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