Assuming debtors have a valid address, which is some cases they do not, additional notice that the debt is being assigned to a third party collection entity is no benefit. My experience is intervention to collect by a third party normally occurs when the consumer is over 180 contractual delinquent. Furthermore, if the consumer receives the warning the account would be placed with a third party so how many different contacts would occur??? Many and more confusing to the consumer and agency.
RBell
1Assuming debtors have a valid address, which is some cases they do not, additional notice that the debt is being assigned to a third party collection entity is no benefit. My experience is intervention to collect by a third party normally occurs when the consumer is over 180 contractual delinquent. Furthermore, if the consumer receives the warning the account would be placed with a third party so how many different contacts would occur??? Many and more confusing to the consumer and agency.
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