is it worth paying a collection agency 
it depends on the specifics of your situation if you can afford the debt you owe to the collection agency it s likely in your best interests to pay the debt taking care of the debt can help you begin to repair any damage the debt did to your credit and it helps you avoid a lawsuit however if you have more debt than you can handle it is advisable to seek professional legal and financial assistance to determine if filing for bankruptcy is your best course of action the bottom linecompanies sometimes will outsource collection efforts on past due accounts while this can be a cost effective approach for creditors being contacted by a collection agency can be stressful for those owing the debt in most cases it is best to pay the debt as quickly as possible if you are contacted and do in fact owe the debt failing to act quickly can damage your credit score further and possibly lead to a lawsuit keep in mind though that collection agencies are bound by the fdcpa so it s also a good idea to familiarize yourself with the rights you re afforded when contacted by a collection agency 