Selling of debt to a collection agency?

Question

I have a customer who refuses to pay his bill and I am wondering how much of a problem will it be to sell the debt. I know you take a loss or about $100.00 or so which at this point would be alright but does anyone know any of these companys or of them? Thanks in advance.

Answer 1

its worth it if you would like your money back. The company will pay you what the bill is so they assume the debt. you get your money even if he doesn't pay them the bill.

Answer 2

well when you sell your dedt you take a real big loss like 60%70%the collection agency are in it to win it it may be worth it to go to small claims court first good luck!