Find the best financial services for you at: SMARTFINANCESOLUTIONS.NET - Debt Collector Mann Bracken Files for Bankruptcy; What Now for Accounts Under Collection? - A Collection Agency that was pursuing me for a debt, Mann Bracken, has filed Bankruptcy and fired all its employees. What now? Am I to assume that:
- If Mann Bracken was acting as an arm of the original Creditor, the original Creditor will eventually re-assign or sell the debt to another agency?
- If Mann Bracken was acting as a third party to which the debt was sold from the original Creditor, it will eventually be sold to another agency as part of the bankruptcy process?
I figure either way, it buys me some time to gather settlement funds.
Does this buy me any leverage with my negative listing in my Credit Report? In other words, if Mann Bracken and not the original Creditor initiated the listing, do I have any grounds for a dispute and removal of the negative item? -