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What else can I help you with?
Can a collection agency freeze bank account in ca without you being notified?
Agency cant freeze your bank account at all, They can go to court asking to freeze your account, then a court order only can freeze you account, an account cant be freezed by any third party order.
Asking If you pay the collection agency can you have the derogatory item removed from your credit file?
pay the collection agency, then check what their report is about you, if not good threaten to get a attorney and bring suit
If a collection agency sends a letter to an employer asking for personal information should the employer answer it?
If the employment agency will charge a fee
How do you dispute items on your credit report?
1. Get a copy of your current credit report. (I have used www.freecreditreport.com which can provide all reports from all 3 credit agencies for around $40.) 2. Write up letters to each collection agency asking why each account was opened along with the account balance. 3. Get the letter certified, copied and send them to the collection agency. 4. (Read both of these steps) If the collection agency replies: you can "Ask For Forgiveness" from them and offer a different ammount than the full balance and barter, be sure that the letter of forgiveness stats that even though you did not pay the shown balance that they close the account and say it was paid in full. If after 30 days the collection agencies do not reply you can contact the collection reporting agencies in which the negative note was placed and provide them with the copied documents showing that 30 days has passed and the collection agency has not replied. The mark will be then be removed.
Should you pay the company owed instead of collection agency?
This will depend on the creditor. You can try calling them and asking if they are willing to set up a payment arrangement with you.
Can law collection agencies keep asking for more money even you can't afford it?
Yes, even though it makes very little sense for them to do so. A collection agency regardless of the status can continue collection attempts as long as they do not violate the FDCPA.
If you want to send a letter to a collection agency asking them to stop calling you at home and work how do you get their mailing address?
The easiest way to do it is to get a copy of your cedit report. all creditors (and collection agencies) that you carry an account with will have their contact information listed there. Otherwise, if you know the name of the companies you can search the web for contact information. The credit report is fastest. Good luck.
Can a creditor or debt collection agency access my bank account for debt collection?
Yes they can. After they have obtained a court judgment. I fell behind on two payments on a court ordered payment plan and the creditor sent a letter asking me to contact them within 10 days. I did not. I am not sure how they were able to do it, but they got a court order placing a hold on my checking account (took all the money that was available) and I am not able to withdrawal any money from the account until such a time that the debt is satisfied. I would advice that you contact them to try and set up some sort of payment plan if and when they do get access to your account.
What happens if a collection agency sues a person and that person does not show up in court?
They get a default judgment and don't have to argue their case. Even if a person will lose, it's best if they show up and fight it. A judge is less likely to award everything a collection agency is asking for if the person in question shows up and challenges the agency (who will be asking for attorney fees and interest fees that are astronomical). It also helps to show up as collection agencies are not looking to have a long, drawn out court battle with you - they just want their money. If you show up, they will do their best to settle with you. But, they also know that 98% of people never show up so they just get a default judgment. Once they have a judgment, they have the law on their side and can force you to give up the money through wage garnishment and other sorts of unfavorable means. If you are being sued, show up!
I paid off a judgment but now the collection agency is requesting more money and they will not update my credit report reflecting payments made. Can they do that?
Well, since you have satisfied the debt and have the receipt, their asking is just that. You have no responsibility to respond.
Is it true that in some minor cases collection agencies will sometimes remove a collection from your record?
No. If it is a valid debt it will only be removed if paid in full or the SOL expires. Credit reporting is a totatlly voluntary activity. There is no federal or state law that compels or requires it. So a collection agency could, if they chose to, remove everything reported against consumers. It is always worth a try. If they refuse, what have you lost by asking? A more efficient method of having collection accounts removed is to dispute them with the credit bureaus. The Fair Credit Reporting Act states that any item disputed that cannot be verified within a 30-day period must be shielded from view. If a collection agency is no longer is business, the account was sold/transferred to another agency, or simply doesn't respond in time; the account will be "removed" from your credit report. The technique is slightly different, but the result would be the same. You can accomplish this by obtaining credit reports from all three major repositories: Equifax, Experian and TransUnion. In those reports are reference numbers and instructions for disputing information.
What are the positive effects of the national recovery agency?
If you are asking about the United States there is no national recovery agency, but FEMA. It is an federal emergency agency.
