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The Watercooler
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<blockquote data-quote="tiredmommy" data-source="post: 338035" data-attributes="member: 1722"><p>Yes... they write it off and another company will try to make good on collecting debt rather than the issuing bank. It shows on their records as a bad debt until the debt collector collects from you and turns the money over to the bank minus their fee.</p></blockquote><p></p>
[QUOTE="tiredmommy, post: 338035, member: 1722"] Yes... they write it off and another company will try to make good on collecting debt rather than the issuing bank. It shows on their records as a bad debt until the debt collector collects from you and turns the money over to the bank minus their fee. [/QUOTE]
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