Can a collection agency buy a debt from an original creditor and then turn around and sue for money damages?

In addition to the case cited in the previous answer, you should look for other cases that might show how this statute has been applied.

Can a debt buyer also be a creditor?

Your reading is plausible, however you must first determine whether the debt buyer is a "consumer collection agency." If it is, then you must prove...

What is the difference between "A Charity" and a "Non-profit"; I would venture to guess a "non profit" is not always "a charity"

There are three distinctions here: 1) a non-profit organization which does not seek to yield income for its shareholders or members; 2) a charity...

Friends &I are making & selling home decor. We now have the opportunity to sell it in a store. What exactly is D/B/A

According to Connecticut state law, "the association of two or more persons to carry on as co-owners a business for profit forms a partnership,...

My landlord is locking the basement because i called cl&p on him and he has to put in a landlord meter the breakers are in the

Does your lease provide you with a right to access the basement or the dryer? if not, the landlord has the complete right to lock you out of the...

Landlord lied about electricity wattage/space

I agree with the previous answer. You should have an experienced landlord/tenant lawyer review your lease and discuss your options with you. If the...

Can my landlord leave late rent notices in public spaces?

It depends. Is the landlord an individual or a corporate entity? If the landlord is an entity, the person leaving the letter may be considered a...

What does the following mean: Lessor shall have the exclusive option to purchase the membership and accept an assignment?

It looks like the co-op association has the right to buy your membership in the co-op and accept an assignment of the lease if you want to sell it....

It is illegal to lockout a commercial tenant from the leased premises. At the very least, you could be liable for civil trespass and conversion of...

Can you explain in laymen's terms?

In Connecticut, Consumer Collection Agencies are not allowed to buy or receive a claim originally belonging to another creditor for the purpose of...

Selected as the best answer