It is certainly possible for the new company to have bought the debt from the original company. And, yes, they can take you to court in an attempt to recover it, provided they have sufficient evidence that the debt exists. (Shame debtors can't sell debt really).(posted 8434 days ago)I don't actually agree with not paying debt and I would be sad if people thought this site was encouraging debtors not to pay it. I am opposed to:
1) lenders claiming debt that they are not able to prove or are unwilling to prove 2) debt that is unexpected because a MIG, endowment or mortgage was misrepresented as a traditional "insurance"
Lee