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Can a credit card collection agency take your car for debit in PA?
Wiki User
∙ 13y ago
If the collection agency has the permission of the credit card company to act on their behalf you may be face with a law suite to acquire assets you have to satisfy the the debt as well as and the fees of the litigation, most cc cards have abertration clauses in them you may want to check.. It would be wise to seek a licensed general or civil attorney in your area on the laws as they do vary from state to state. I collected for a agency for 15 years as a American Express account handler. On large balances anything over 1500.00 we did go to litigation with it. What I would tell client/debtors is to make a written arrangement and send the first pay with it stated on the money order by us excepting the money order with reasonable terms it's became a binding agreement that you agree to and made in good faith (again the laws vary from state to state). Most like account resolved with in six month at the most. So that may mean for you tightening the belt on the extra to get ride of the debt.
Wiki User
∙ 13y ago
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Can I use my credit card after I pay off the collections agency?
No. Once it is sent to a collection agency the company has closed the credit card.
If you settle an old credit card debt with a collection agency paying the negotiated price in full will the collection agency remove the collection from your credit report?
No the collection will not be removed from the credit report. They will show it paid in full.
Can a collection agency sue for unpaid credit card debt?
yes
Is your husband responsible for your credit card debt in ill if it is at a collection agency?
If his name is not on the card,(He did not sign for the card) Then NO! And credit cards are unsecured loans.
Is Mastercard a debit card?
no, it is a credit card. a mastercard can be either a debit or a credit card
FDCPA in Florida protect home from credit card collection agency?
How much can a credit card collector do with a lien on your property in Fl
Can a credit card debt that was charged off and sold to a collection agency be reported on your credit report?
Yes.
Is a refund to a credit card a debit or credit?
Debit
Can a collection agency file a judgment on you for credit card debt in Texas?
No. A collection agency has no legal authority. They can refer the account to a collections attorney who can then file a lawsuit for the debt owed. Yes! A collection agency has the right to file a lawsuit as the assigned creditor under the agreement that you signed when applying for the credit card.
Ways to pay a collection agency.?
You can mail a check, call them and pay with a debit or credit card or many agencies accept online payment options now and also checks over the phone or wire transfer.
Does debit card build credit?
A debit card is a card that takes money straight out of the bank, however, a credit card lets you borrow money, but you must pay interest. So, a debit card does not build credit.
What kind of service does a collection agency provide?
A collection agency is commissioned to collect money from those who have defaulted on credit card bills or loans. The agency tries to recover as much money as possible.
