Most pension benefits or at least a portion thereof are exempt from creditor attachment. All SS benefits including SSD and SSI are totally exempt under federal law from judgment action.
Legally, only you and the company employing them, oh and the government.
The duties of a collection lawyer is to collect debts, fees and payments from clients of their company. Collection lawyers represent banks, the government and other creditors.
Contact the lending company.
Yes. There are many companys that do this. They work with the creditors and help you make the payments that you can afford.
Absolutely they can ! The only reason a person needs to deal with a collection agency, is because they defaulted on payments to the original company. That company passed the account to a debt-recovery agency, who paid the sum YOU owe to the original company. If you simply refuse to pay the collection agency, they have the legal right to take you to court to recover the debt !
If you have a collection agency working for the credit card company then it is them you need to make payments too as it is now too late to pay the credit card company. They have sold the debt to the collection company and you will have to pay any charges on top of the debt now also. Try not to let it get that far in future, but that's easier said than done.
Yep! If the ambulance company turns your account over to a collection agency that agency might report the collection on your credit. Medical collections are the most common type of collection on a credit report.
Yes, they are contracted to collect on behalf of the original creditor and it's contracts with you.
Get back a personal loan. Is it in default? Contact loan company or debt collection agency and start making payments.
A collection attorney has many tasks that they perform. A collection attorney is responsible to contact those responsible of owing money to someone or a company, and working on how that person will pay the money. After how is worked out, the collection attorney keeps track of the payments and if any are missed, will visit or contact the person.
Personally speaking, it is better to settle with a collection agency rather than making monthly payments. Theres only one ceveat....you must pay the collection agency in full. Example, lets say you owe $1000 to a credit card company. A collection agency will say, pay $600 NOW and this will settle the balance. So, if you dont have $600, its a 'catch-22'. You are better off making the monthly payments until the $1000 is paid.
No - they will have notified you in reminder letters that they may do that if you continue to default on payments. When they actually instigate the action, they don't have to tell you they have done so - the collection agency will simply write to you - and tell you they've taken over the case, and all communication with the medical company must now stop, as you're now dealing solely with the collection agency.