If you settled a charged off account with a collections agency for less than the full amount can they resell the difference to another agency?

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1282109

2026-03-06 23:20

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Yes unfortunately they can. Companies today want the charged off account money and will sell it to another agency in order to get this. It will show up on your credit report under another company...so you have 2 listings on your credit report for the original account.

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