I am pretty sure none of my creditors have ever taken court action against me, but I am still curious about sheriff court decrees and debt selling.
My question: I have several debts which are now almost 8 years old,
and know that the debts have all been sold on, probably several times.
If the original bank or credit card company had taken me to court and gained a sheriff court decree against me,
would that decree be able to be used by any debt-buying companies who later purchased the debt?
Or does each company who purchases the debt have to obtain their own sheriff court decree, in order to legally demand the money?