Talking legal actions is a threat without a threat. Confused?? Under the FDCPA a CA is not allowed to threaten action they have no intention of performing. For example, if I say I am taking you to court, and don't, it's against FDCPA. But if I say I'm taking legal action, it's broad enough to include simply passing it off to attorney CA to collect, or selling it. If prosecuted, they can claim anything within the constraints of the law is legal action. That's why they won't tell what they want to do. If you owe the debt, pay it. If you don't ask for validation. My personal opinion, they won't spend $150 + attorney fees to file suit for $100 debt. But do expect them to keep haunting you forever. Cease and desist, prevents one agency from collecting, doesn't prevent the person who buys it from the from collecting, or make it go away.
Likelikhood of Obtaining a Judgement
My question was cut off. The debt is $100. I disputed it. They say they are taking legal action. Wondered what this meant. They wouldn't say.
Advice
Talking legal actions is a threat without a threat. Confused?? Under the FDCPA a CA is not allowed to threaten action they have no intention of performing. For example, if I say I am taking you to court, and don't, it's against FDCPA. But if I say I'm taking legal action, it's broad enough to include simply passing it off to attorney CA to collect, or selling it. If prosecuted, they can claim anything within the constraints of the law is legal action. That's why they won't tell what they want to do. If you owe the debt, pay it. If you don't ask for validation. My personal opinion, they won't spend $150 + attorney fees to file suit for $100 debt. But do expect them to keep haunting you forever. Cease and desist, prevents one agency from collecting, doesn't prevent the person who buys it from the from collecting, or make it go away.
Yes, it certainly doesn't make any sense to spend $150 to realize a $100 debt.
Cease and desist, prevents one agency from collecting, doesn't prevent the person who buys it from the from collecting, or make it go away.
Does it mean that it will pass on from one CA to another?