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If needed, your potential debtcollection agency will also access your debtor’s personal banking information to determine whether your debtors have money to repay the debts, including their savings and investment accounts. How do reputable debt collectors operate? The name of the originalcreditor.
If you’re unable to pay your originalcreditor, your debt may pass to a debtrecovery agency, earning a collection letter and possibly a stain on your credit report. Especially in the current pandemic, COVID 19, medical bills, credit card bills, and other financial service bills may start to pile up.
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