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Is it legal for collection agency to remove a collection from report but sell collection to another agency?
To better clarify, a collection agency removed a collection from my credit reports after I disputed it. My credit scores increased and was doing well. 5 months later, I see a new collection on my credit report. It is in the same amount as the old collection so I know that the old collection agency must have sold my collection to this new agency. My credit score has gone down significantly because of this. So, is this legal?
5 Answers
- A HunchLv 73 weeks ago
Sure it's legal.
Your debt it due until a court says it's not or the SOL has expired.
Just because one collection agency decided not to go after you, doesn't mean another agency can't.
- Anonymous3 weeks ago
Short answer, yes.