Not all debt gets sold. In fact, most unpaid credit cards do not get sold. The accounts we don't pay are more likely to go from one collection agency to the next, and at the direction of your bank or original lender.
That said, many debts are sold, and even resold.
How can you find out who your debt was sold to?
Check out the video.
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Michael Bovee started CRN in 2004 with a mission to provide people in need with detailed credit and debt help. The DebtBytes Channel is an extension of the CRN blog, and is dedicated to finding the debt relief option or strategy that works best for you.
