Asked by
Connor Gaffey
on Nov 27, 2024Verified
A debt collector who is delegated the right to payments on a student loan owes no obligation to the debtor arising under the original terms of the loan.
Debt Collector
A person or company tasked with collecting money owed on past due accounts from debtors.
Original Terms
The initial conditions and stipulations as set forth in an agreement or contract, before any amendments or modifications.
- Understand the rights and obligations of assignors, assignees, obligors, and obligees in the context of assigned contracts.
Verified Answer
JS
Learning Objectives
- Understand the rights and obligations of assignors, assignees, obligors, and obligees in the context of assigned contracts.