Should you pay your debts back? Moral Obligation renamed.
Do you have a Moral Obligation to repay your debt to a debt collector. You should know, the older your debt is, the less the collection agency pays to own the account. If my creditor appoints a collection agency to collect on their behalf then the case is different, but why should I pay to a debt buyer who buys debts for pennys on thousand dollars?
Thanks texaslawyer for coming up with such a nice topic in DebtCC forums 
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