When an account becomes seriously past due, creditors may turn it over to an internal collection department or sell the debt to a collection agency. Once sold, this collection account is reported as a separate entry on your credit report. Collection accounts can significantly harm your credit scores, making it crucial to manage them proactively. At 850 Fresh Start, we help you navigate the complexities of collection accounts, providing personalized strategies to resolve these debts and improve your credit profile, taking you one step closer to financial freedom.