WHY was it refused? Not accepting it wil make you delinquient. You need to reach an understanding with the LENDER.
Yes, they refused to accept the pharaohs power and also refused to make the payments to them.
Yes, They attacked the Pharaohs power and refused to make the payments to them.
By federal law and most collection agencies' policies, partial payments are not manditorily accpeted. Collection agencies are not required by law to accept anything less than payment in full. If the agency has refused 25% monthly of the full amount to be paid in full in four months, I reommend sending the payment with an explanation of this to the original creditor. Chances are your payment and arrangements will be accepted.
No. If you had actually tendered payment, the creditor might lose the right to collect interest after the date of the tender. However, the statute of limitations is based on when the breach of contract occured and has nothing to do with your inability to reach a payment plan with the creditor.
Yes, they refused to accept the pharaohs power and also refused to make payments to he pharaohs.
Q1) "If I offer to make a payment on this debt can they legally refuse it?" Yes. They are under NO obligation to accept anything less than the original agreed amount. Simply, this means that you originally had a payment plan and breached it. They do not have to accept any other offered plan (or payments). Q2) "I have heard that if a creditor refuses any type of payment on a debt that it was automatically considered paid in full. Is this true?" NO!! NO!! NO!! That is an old 'wives tail' that probably derived from the requirement that payments must be in 'legal tender' and if refused, the debt MIGHT be found as waived. For example, you can pay this debt (in full) in pennies, nickles, dimes, dollars, etc. If the creditor refuses these legal tenders, the debt MIGHT be found to be waived. However, the creditor is NOT obligated to accept less than the full amount, nor in non-legal tender (horses, hogs, chickens, etc.). ....more about it you can visit: http://lawvolunteers.com/law/838/42838-c-collection-agency-refuse-payment.html
If the collection agency did not accept your payment, the debt should be discharged from their control. You might need to contact an attorney to make sure these debts are removed from your credit report. If you are making payments to the company that sent you to collections, they will need to remove you from the collections agency.
He would have, but he did not need the money and so refused payment.
It is a misconception that a creditor or collector must accept any amount for payment of debt. There is no law in the U.S. that allows a debtor to pay whatever they choose or can afford and the lending agreement still remain valid. An amount tendered that is less than that agreed upon can be refused and the creditor or collector has the option of using legal remedies to collect monies owed.
Hoover and Kennedy both refused their salaries as president.
Depends. If the cash payment is the payment of debt, then the payment cannot be refused, as long as the money is still legal tender. Cents stop being legal tender after a certain amount, which is why you cannot try to pay a debt using 10,000 cents for example, this can be legally refused. If it's payment in a shop, a shop has the right to refuse service to anyone as long as it is not for a racial, age, gender related reason. They do not 'have' to accept any offer of payment, nor are they disallowed from accepting payment in other forms.