Hi, I settled a debt for 25% of the balance owe
I settled a debt for 25% of the balance owed last week with a collection agency. I have the settlement agreement in writing and I wrote if you cash this check then the account is 'settled with no further obligation' which is the wording used on the settlement agreement. I also have proof of delivery and a copy of the cashed.
I received a letter today from the same collection agency trying to collect on the remaining balance. They claimed that the account was sold to themselves via another LLC.
I am in CA. Can they do this?