They can demand whatever they choose, that does not mean the consumer has to accept the terms. The consumer should always be very wary of dealing with any collectors, including those claiming to be collections attorneys who are reluctant to use reasonable means (such as regular mail) to communicate.
Yes, a creditor/collector has no legal obligation to accept payment for anything other than the agreed upon amount. The same premise applies to making less than the minimum payment on credit accounts as well, such action would render the agreement null and void and the creditor can legally demand payment in full.
It depends on the terms of the loan contract. * Yes. Once a contract is in default a collector or creditor does not have to accept anything less than the full amount owed.
Insurance is a contract or agreement providing for payment of a sum of money to the person assured or, failing him, to the person entitled to receive the same, on the happening of certain event. This agreement is the very basis or foundation of an insurance policy bond.
can a debt collector refuse payment after it is offered after being swiched from one company to another and not being 30 day notice
The Accounts Payable clerk is responsible for providing payment on an account.
Towah has been providing payment services to their members for nearly eight years - since 2004.
If one is referring to an auto insurance collector as in someone who collect payment, most agents and brokers have systems set up for payment. Most can pay by credit card or by check.
If you have a signed contract or payment agreement or have your signature on anything that reflects what your employer agreed to pay you, and if that paperwork doesn't contain a clause saying the employer can change the agreement, then the employer cannot arbitrarily change your compensation.
None, providing you do not accept payment and make no representations that you are an expert or an authority on the subject.
Yes, the debt still stands. It's how debt collectors stay in busniess. When the debt or account is sold, the debt isn't erased, merely transferred. In essence, the original lender has sold the whole contract. * The debtor makes any payment agreement with the collector not the original creditor.
Yes. Otherwise you have no proof that any payment has been made to the debt.
If you do not make the payments agreed to in the contract, on time, the answer is yes. if they agree to accepting a payment get it in writing ,then you have them.otherwise your screwed they will lie and tell you anything to get the car If it ain't in writing it ain't no agreement.