Topeka, KS asked in Bankruptcy and Collections for Kansas

Q: If you have a debt that has been sold to a collection agency are you legally bound to pay that debt?

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1 Lawyer Answer
David Adams
David Adams
  • Bankruptcy Lawyer
  • Olathe, KS
  • Licensed in Kansas

A: The very short answer is "yes." Certain rights of collection may be affected by a subsequent owner of the debt, but as a general rule, they step into the shoes of the original holder of the debt and may proceed as if they were the original owner of the debt.

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