Myth!

Fact: Debt can be legally sold or assigned, and the new owner can collect. According to MSH Associate Matthew Martin who focuses on bankruptcy and consumer law, if your consumer debt is valid and has been assigned or sold, you generally must deal with (and pay) the owner/assignee to settle the debt…even if you never dealt with them before.

You have the right to request verification that the debt is owed. If you need assistance, MSH can help you move forward with confidence.