RE: DEBT TO LIQUIDATED COMPANY
I rec’d a collection notice from Frontline who rec’d it from “JH CX Liquidating Trust” who is not accredited by the BBB & has only been in business for one year. The debt WAS to Coldwater Creek which is now is liquidated. Do I still owe debt to a liquidated company? Please Advise. THANKS!
Terry Says
The loan has been written off, and already impacted your credit score. These are just scavengers who bought the debt at pennies on the dollar and are trying to squeeze you. If it was for a lot of money, theoretically they could go to court and try to garnish your wages. But likely, they won’t get past these scare tactics.
