Re: eBay - ACCOUNT SUSPENDED: PREVENT FURTHER COLLECTION ACTION
It s hard to say what would happen in India. Here in the US, the account would be referred to a collection agency which means they would send some letters and make some phone calls demanding payment. But a collection agency cannot really do much more than that.
If they wanted to sue, usually only if the amount due is large enough, then they would refer it to an attorney and file a civil lawsuit to collect the money.
In either or both cases, it would likely be reported to the credit bureau, which can affect your ability to get a loan.
I always urge people to pay their bills. Not out of any moral obligation, but for their own benefit. Someone might not care about it today, but when they want to buy a car or a house, suddenly they will care. Saving the money by not paying today could mean spending hundreds or even thousands of dollars of increased borrowing costs down the road.
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