When something goes to a collection agency, if the agency successfully collects from a person, about how long does it take? I know that collection agencies fail to collect on many of the items sent its way, but I am curious about how long it takes when it is successful. Other statistics regarding collection agency efforts are welcome. Reference, either print or online, is 100% needed.
2006-08-21 02:37:35 · 3 answers · asked by Barkeep49 2 in Business & Finance ➔ Credit
http://www.cardreport.com/credit-problems/collection-faq.html
Check this site out. Hopefully it will help. Good Luck.
2006-08-28 20:05:21 · answer #1 · answered by STEPHEEDEE 4 · 0⤊ 0⤋
It depends. If the collection agency tries to collect from me, forever: I do not deal with collection agencies, ever. If I decide that a bill should be paid, I go back to the original creditor.
2006-08-21 09:43:50 · answer #2 · answered by Anonymous · 1⤊ 1⤋
filed bankruptcy ten years regular debt seven.
2006-08-28 12:23:27 · answer #3 · answered by moonwalker 3 · 0⤊ 0⤋