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If the payments are not suitable in size to the creditor, then yes. This commonly happens with medical bills. Hospitals and clinics are not required to extend the courtesy of credit to anyone. Payment in full tends to be the policy. If you owe thousands and are only paying a small amount (like 50 every month) they will send it to collections.
What else can I help you with?
I tried to make a payment to a bill collector they refused to take the payment. I went to the company that turned me in to collection they accepted the payment. what are my rights?
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.
Is it illegal to make a fake facebook account?
technicaly it is illegal as it is a fake id but u wont be sent to jail or anything -- '''It is not illegal to make a Facebook account on a Fictional character. However, if you use pictures or information on a real person that are copyrighted, it is illegal.''' '''It's possible that is it illegal to make a fake facebook account on a real person. Say, making a facebook account that has your information but someone else's name.'''No, but its not a good idea. It really depends on what your doing. If your trying to bully someone, then you could be arrested on the extent of what you and you will get your account deleted. If your just making one to add random people, well that's just dumb. But if your just making one to play games, then that's fine.
What was the Fair Debt Collection Act?
It protects the person who owes the debt from harrassing and dunning contacts from creditors.The Federal Debt Collections Practices Act (FDCPA) governs the debt collection practices for personal / individual debt. The FDCPA sets forth a myriad of restrictions regarding the practices Debt Collections may use in their efforts
Do you still have to pay child support if your child is a runaway and has been gone for more than a month?
A report should be made to the authorities concerning the absentee minor. The obligated parent should not cease support payments without the consent of the court regardless of the circumstances surrounding the issue. It would be advisable for the obligated parent to consult with the attorney who was involved in the custody and support issues to determine what legally acceptable action can be taken.
Did the knights have to pay taxes in medieval times?
Knights were typically exempt from certain taxes in medieval times, like the common land and poll taxes, due to their noble status and military service. However, they often had other financial obligations to their lords, such as providing military service or making monetary payments for land use.
Is it better to settle an account in collections or pay it in full via monthly payments?
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.
Can you be sent to collections if you make a payment every month?
You should not be sent to collections if you are making monthly payments. Some companies have their own "polocies" on how much your payment needs to be in order to keep from collections but the law says that you can pay what ever you want as long as you don't sign a payment contract.
If you pay on your medical bills can they turn you over to collections?
Not if you are making your payments.
Can a mechanic put a mechanics lien on your car as long as you are making monthly payments of some kind?
If you fail to pay the mechanic for services then they can put a lien on your car and this has nothing to do with you making the monthly payments on time.
What are the different options for making payments on loans?
There are several options for making payments on loans, including making monthly payments, setting up automatic payments, making extra payments to pay off the loan faster, and refinancing the loan to potentially lower the interest rate.
How come a monthly statement is not sent by the collection agency when making monthly payments?
Because they don't. It is a lot of agency's policies.
Who is responsible for making monthly payments when there is a primary buyer and a co buyer?
either OR both
Can you add to a CD monthly?
Yes, you can add to a CD monthly by making additional deposits into the account.
Can you contribute to a CD monthly?
Yes, you can contribute to a CD monthly by making regular deposits into the account.
Can a credit card come send you to collections if you are making a payment?
They can do whatever they want if you are behind, but it would be weird for them to pursue collections if you are making REGULAR payments. Call the credit card company and make arrangements.
Do large principal payments reduce monthly payments?
Large principal payments do not reduce monthly payments. Monthly payments are typically fixed based on the loan amount and interest rate, so making a large principal payment will not change the monthly payment amount. However, paying off a large portion of the principal can help reduce the total interest paid over the life of the loan and shorten the loan term.
How can I reduce the number of years on my mortgage?
You can reduce the number of years on your mortgage by making extra payments, refinancing to a shorter term, or increasing your monthly payments.
