WebCollection Agencies Are The Most Effective Option Quality agencies enjoy a higher … WebJul 12, 2024 · As long as you have an outstanding collection that's still within the statute of limitations, there's a risk of being sued for what you owe. 4. A lawsuit could lead to a court judgment, a public record that will tarnish your credit report for seven years. And if you still don't pay up, the collector may get court permission to garnish your ...
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