Collections Credit Card Debt Credit Management 
Account Recovery
APRIL 3, 2025
The background: This particular case, filed in the Northern District of Alabama, involves a plaintiff who had an outstanding credit card debt, which was later purchased by the defendant.
Credit Corp
JULY 9, 2021
The average American home owes around $6,270 in credit card debt. You may also be relieved to hear that you’re not out of options if you have past due debt. This incredibly high number is mostly composed of financial situations relating to peoples’ homes, vehicles, and loans taken out to pursue higher education.
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Debt Guru
JANUARY 24, 2022
Consequence #7: Collections. You are still legally obligated to pay the debt, though, and your lender can sue you for the amount you owe until it’s paid (or settled in bankruptcy). It may be sold to a debt buyer or transferred to a collection agency – and those institutions are usually ruthless in hounding you for payment.
Collection Industry News
JULY 19, 2021
Attorneys for the borrowers and credit agencies did not immediately reply to requests for comment on Friday. The six cases involved borrowers who disputed the ownership of their credit card debts in lawsuits against the big three consumer credit reporting agencies. Eve, upheld the rulings on Thursday.
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