I went through divorce years ago in CA and have been in the car business and know a bit about the collection. most collection agencies buy these debts from the original companies at a discount. If the debt has been "charged off" on your credit report then be assured that the account was bought at a hefty dicount and any money they collect will be a profit for them. This is where you can negotiate for pennies to a dollar, that depends on how old is the debt. If it is the original company trying to collect then you pretty much pay the full balance. Hope this helps you some!! I am not a layer so thia is not a legal advice in any way form!

