No. Even taped conversations are not legally binding between creditor and debtor. Some states recognize verbal contracts, however any such agreement is easily defendable. Do not give a collector bank account or financial information, employment contact, etc. An agreement should be in written form.
with out a doubt. you would want them to update your CRA.
Don't let a collection agency push you around. As a consumer you have many rights. The best places for anyone to exercise their rights are in small claims courts. For less than $100 you can bring a collection agency to their knees.
yes. It begins when the letter is signed for. This is why it is very important to always send a letter of dispute via registered mail. The 30 days has nothing to do with the collection agency and it's requirement to prove the validity of a debt. The 30 days applies to the consumers right to dispute a debt after receiving written notification of the debt. There is no time constraint on the collection agency to get the proof to the consumer. However, they must stop all collection activities until they do provide the proof.
Whether the company is opertaing or not, does not make any difference. Proof of your account is still there.
The best way to have a debt cleared by a collection agency is to pay the outstanding debt off. The only other way to clear it off is to provide proof that the debts are not valid.
If the collection agency is doing the faxing fine. But if you are trying to make an agreement after talking to them first, then I would send it certified. That way you have proof that a person had to sign for it and you have that name if you are told that they haven't received it.
Write your doctor and try to get the terms in a letter (that would remediate the proof issue that you raised). If the doctor is honest and this is truly your agreement with him/her, that should get the collection agency to stop calling, unless they are calling you for a portion of the unpaid, agreed-upon balance.
if collection agency is not from your lender, but third party, then you need to fax them proof of your payments to your lender or financial insitution and have them send you a letter stating that they will not report you to credit bureau. and also have them contact the collection agency you are making payments. asian623 http://www.myspace.com/scionturboracing
with out a doubt. you would want them to update your CRA.
If the debt was sold to a collection agency and the original creditor accepted payment AFTER the debt was sold, the money does not belong to them. If, however, you paid the debt and it was mistakingly sol after that payment, the collection agency can't try to collect. If you have proof of payment, forward it to the collection agency and deman in writing that they cease trying to collect this debt.
no , there is no way a collection agency can take welfare funds.should it happen ,send a copy of your benefits statement showing proof that it is welfare. the agency will then send a reversal and monies will be returned ..
no those kinds of income are protected and judgment proof
To stop calls from a collection agency, you need to write them a letter. In this letter, you should tell them to cease and desist further communication with you. Send the letter by registered mail so that you have proof you sent it. Also, when mailing the letter, ask for proof of delivery. The debt collection agency may only contact you once more to acknowledge the letter and to state what, if any further action they intend to take.
Don't let a collection agency push you around. As a consumer you have many rights. The best places for anyone to exercise their rights are in small claims courts. For less than $100 you can bring a collection agency to their knees.
The collection agency must give you thirty days to dispute any portion of the debt they claim you owe. You must send a written reply disputing the amount and any proof of your claim.
Only if the debtor has proof that an agreement was made for the amount rendered being acceptable. The standard rule is "get everything in writing" before making any payment. In some states verbal contracts are legally binding but are usually difficult to prove.
yes. It begins when the letter is signed for. This is why it is very important to always send a letter of dispute via registered mail. The 30 days has nothing to do with the collection agency and it's requirement to prove the validity of a debt. The 30 days applies to the consumers right to dispute a debt after receiving written notification of the debt. There is no time constraint on the collection agency to get the proof to the consumer. However, they must stop all collection activities until they do provide the proof.