seniumyulore seniumyulore

22-05-2016
Advanced Placement (AP)

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Thad missed two payments on his credit card. According to the Fair Debt Collection Practices Act, what action can the bank legally take to get the money from Thad?

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meerkat18 meerkat18

02-06-2016

The bank can refer the debt to a collection agency to collect the payment from Thad in behalf of the bank.

The collection agency can then file a lawsuit in a proper venue, to prompt Thad to pay for his debt.

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