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0 pointseric_h9y ago0 comments

Once the debt has been sold and resold a few times, I doubt collections companies have much incentive to actually sue for this amount of money, let alone an ability to actually win the case.

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2 comments · 1 top-level

asp_hornet9y ago· 1 in thread

They don't need to sue, they can just list your debt with credit listing company and put a mark on your credit history. That can be annoying enough to settle a debt.

eric_hOP9y ago

From personal experience neglecting debts I believed to be unjust, I've not gotten any dings on my credit rating inspired by collections companies who acquired the debt for the cable box that I never returned, after paying 3x its value in rental fees.

This didn't stop them from calling me and threatening my credit rating, but it seems their threats had no teeth. /anecdata

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