Is a “debt buyer” suing you?

Written by on 02/21/2012 , consumer protection

Unfortunately, in this economy it is familiar story.  You have a credit card or two that you could no longer afford to pay, using common sense; you paid your mortgage and bought groceries for your family instead.  Now the sheriff is at your door with a summons and complaint.  But who is suing you? In many instances it is not the credit card company, it is a business that bought the debt for ten cents on the dollar and now they are trying to make their profit from you. But do these “debt buyers” actually have the legal right to 

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