seniumyulore
seniumyulore seniumyulore
  • 22-05-2016
  • Advanced Placement (AP)
contestada

Thad missed two payments on his credit card. According to the Fair Debt Collection Practices Act, what action can the bank legally take to get the money from Thad?

Respuesta :

meerkat18
meerkat18 meerkat18
  • 02-06-2016
The bank can refer the debt to a collection agency to collect the payment from Thad in behalf of the bank. 

The collection agency can then file a lawsuit in a proper venue, to prompt Thad to pay for his debt.
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