Goldenbrats Posted November 11, 2011 Report Share Posted November 11, 2011 Missouri Revised StatutesChapter 425 Debt Adjusters and Collection Agencies Section 425.300 Real party in interest on assignment of claim for billing, collection, bringing suit, attorney required to appear in court--court may sever actions.425.300. Collection agencies may take assignment of claims in their own name as real parties in interest for the purpose of billing and collection and bringing suit in their own and the claimant's names thereon, provided that no suit authorized by this section may be instituted on behalf of a collection agency in any court unless the collection agency appears by a duly authorized and licensed attorney at law. Upon good cause being shown, a court may sever any actions brought under this section.(L. 1992 S.B. 688 § 5) Link to comment Share on other sites More sharing options...
lheart Posted November 12, 2011 Report Share Posted November 12, 2011 In plain language:Collection agencies can sue you for a debt you owe another in the collection agencies and the owners name, but they need an attorney to represent them.But a court retains discretion to dismiss these types of cases if the court chooses to. Link to comment Share on other sites More sharing options...
Goldenbrats Posted November 12, 2011 Author Report Share Posted November 12, 2011 Does that mean subsidiaries can sue on behalf of the parent corporations and use the parents name? Link to comment Share on other sites More sharing options...
legaleagle Posted November 12, 2011 Report Share Posted November 12, 2011 Whole different ball game, this statute you posted only refers to collection agencies and consumer debt. I think the other matter you mention would be found in another area of law. Standing to sue is what this is, the corporate angle is interesting. Never heard that come up before. Link to comment Share on other sites More sharing options...
Recommended Posts