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If the full settlement amount offered is paid in full by the debtor, the debt is considered paid. When entering into a settlement of a debt the debtor should obtain all the pertinent data in writing and not agree to anything unless he or she understands the agreement in full.

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15y ago

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Does a debt collector have to send you a monthly bill?

A debt collector works for a collection agency. If the angency owns the debt then you can request statements. A collection agency will send you a paid or settled un full letter. They are not a billing agency.


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When was The Debt Collector - novel - created?

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If one collection agency buys your debt and charges interest and then sells it to another debt collector can that new debt collector collect on the old interest?

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I settled a debt for less than owed now I am being contacted by a debt collector for the remaining amount but original company won't send a confirmation that the debt was settled-what can I do?

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What is the ISBN of The Debt Collector novel?

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