Legal Question in Credit and Debt Law in Nebraska

Credit Agency Buying a Judgement Debt

Is it possible for a collection agency to buy a debt that already has a judgement against it by the courts?


Asked on 1/12/09, 11:49 am

1 Answer from Attorneys

Re: Credit Agency Buying a Judgement Debt

Yes, a judgment can be assigned or sold to another party for collection purposes. The debt can only be collected once though, so you would have a defense if you paid it off to the judgment creditor and some one else tried to collect on it.

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Answered on 1/12/09, 2:23 pm


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