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SladesMommy · 10-18-2009, 06:09 PM

Back 7 yrs ago I was a stupid, naive college student uneducated on financial matters. I got a credit card, did good for awhile making payments on but then stuff happened, money ran short and I ended up maxing it out (thank goodness my limit was only $1,000).

For the longest time I ignored the attempts debt thinking it would go away. And they did finally until last year when I got a letter from a firm stating they were going to start garnishment on my wages. I didn't think there was anything I could do at that point, so I left it alone and let them start garnishing my wages (25% per month...ugh). Garnishments last 6 months in GA then they have to refile. I'm in 3rd month of the 2nd set of garnishments.

On Friday I got a letter from another firm stating that Mastercard had sold them my debt and they were attempting to collect. Can they sell the debt to someone when another firms already collecting it? or was it just a mistake?

What do I need to do? Should I call mastercard first or the firm?

10-18-2009, 06:09 PM	#1
SladesMommy Donating YT 4000 Club Member Join Date: Mar 2007 Location: ATX Posts: 4,513	Can they do this? Legal/money stuff Back 7 yrs ago I was a stupid, naive college student uneducated on financial matters. I got a credit card, did good for awhile making payments on but then stuff happened, money ran short and I ended up maxing it out (thank goodness my limit was only $1,000). For the longest time I ignored the attempts debt thinking it would go away. And they did finally until last year when I got a letter from a firm stating they were going to start garnishment on my wages. I didn't think there was anything I could do at that point, so I left it alone and let them start garnishing my wages (25% per month...ugh). Garnishments last 6 months in GA then they have to refile. I'm in 3rd month of the 2nd set of garnishments. On Friday I got a letter from another firm stating that Mastercard had sold them my debt and they were attempting to collect. Can they sell the debt to someone when another firms already collecting it? or was it just a mistake? What do I need to do? Should I call mastercard first or the firm?