Yes, if you send the account to a collection agency, they will try to collect the money for you but they will keep a percentage as payment for their services.
It will stay on the parent's credit report but with some collection agencies, debtors are allowed to submit a statement refuting or denying that they owe money.
Personally, I would go to small claims court. If it's anything like my state (MN) the party that loses pays ALL the court costs and if you win (with a signed contract and ANY acknowledgement on their behalf stating they know they owe you- you almost always win) and the court gives them X amount of days to pay you. If they don't you can garnish their wages etc.
It will stay on the parent's credit report but with some collection agencies, debtors are allowed to submit a statement refuting or denying that they owe money.
Personally, I would go to small claims court. If it's anything like my state (MN) the party that loses pays ALL the court costs and if you win (with a signed contract and ANY acknowledgement on their behalf stating they know they owe you- you almost always win) and the court gives them X amount of days to pay you. If they don't you can garnish their wages etc.
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