Assertion: collection agency | /r/HasProperty | purchased debt
Facets:
Source sentences:
text: However, the Federal Trade Commission has issued a Staff Opinion Letter which indicates that, even if a collection agency has purchased a debt, it is still covered under the Fair Debt Collection Practices Act as a "third-party debt collector.
text: Or, the creditor may sell the debt outright to a collection agency, which is called purchased debt.