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Consumer Law

: Alabama Consumer Blog

If I Sue The Debt Buyer Will They Counterclaim Against Me?

By M. Stan Herring

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Sometimes our clients wonder if they sue the debt collector (a debt buyer who claims to own the debt) will they be sued in a counterclaim for the debt? The short answer is "It is possible" and we recommend you read the Oregon Debt Law Blog's post on this subject. Remember no matter when a debt buyer sues you, the debt buyer still has to prove it owns the debt and you owe the debt to it. We have yet to see this happen.

The bottom line is you need to understand your options so there won't be any surprise no matter which way you or the debt buyer goes.

Full post as published by Alabama Consumer Blog on June 17, 2008 (boomark / email).

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