What happens if you ignore a debt collection agency
If you ignore a collection agency, the agency may pursue further legal action to collect the debt. This could include filing a lawsuit against you, obtaining a judgment against you, and potentially garnishing your wages or seizing your assets to satisfy the debt.
Ignoring a collection agency can also have negative consequences for your credit score. If the agency reports the unpaid debt to the credit bureaus, it can negatively impact your credit score and make it more difficult for you to obtain credit in the future.
It is important to remember that ignoring a collection agency does not make the debt go away. In fact, it can make the situation worse and result in additional fees and penalties. It is in your best interest to communicate with the collection agency and attempt to come to a resolution to satisfy the debt. Ignoring the situation will not make it disappear and can lead to further legal action.