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∙ 12y ago
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If you owed student loan money from Sallie Mae and it is now turned over to a collection agency can I be garnished?
Yes! If your student loans are with a collection agency they are in default. When student loans are in default the dept. of ed gives the collection agencies "CARTE BLANCHE" to collect the money by any means necessary. Wage garnishnent is only one.
What are your options if you are unable to pay the full debt amount to the collection agency?
Do NOT pay any money to a collection agency.......send your money to the debtor, the person you owe it to. Send it in the form of a check or money order. NEVER PAY A COLLECTION AGENCY
Can a collection agency collect interest on your debt?
Yes, Collection agency can do that. But contact a good collection agency like Guardian Credit Services, they know will how to deal with customers to get money
Does the creditor or the collection agency get the money you pay on a debt?
When a collection agency takes on a bad debt, in many cases they are "puchasing" the debt from the original creditor. When you then pay off the collection agency, your money will stay with that collection agency. This is the most common scenario, but some companies do have their own internal collection agencies (Capital One, for example, has their own collection subsidiary in Idaho - the Westmoreland Agency). Hope this helps!
What kind of service does a collection agency provide?
A collection agency is commissioned to collect money from those who have defaulted on credit card bills or loans. The agency tries to recover as much money as possible.
What do I do after a collection agency sues me?
Once a collection agency sues a person they may have to get an attorney and go to court to settle this. The agency wants you to pay the money you owe them however they can get you to do it.
How do you get rid of the money that you owe from collection agency without paying them and become good credit again?
how to get rid of the money that you owe from collection agency without paying them and become good credit again
Can collection agency take money out of joint account in ct?
Yes they can.
Can you be sued by the original creditor if they have already sold your case to a collection agency?
If they've sold your case to a collection agency, they have been "paid" for your debt with the money the collection agency gave them for your case, so, no, they can't legally sue you - as far as I know.
What are opinions on Free money gov?
No agency of the United States requires that you pay them to receive charitable assistance. If you are asked to send money, for "information" or a "listing" of an agency that will help you, do not do it. There are bona fide local assistance groups in your community, check with them on any rent assistance program that is available.
If Company A sends your acct to a collection agency but you decide to pay off Company A do you still owe the collection agency money?
Nope. Advise the collection agencey that this was settled with the original creditor. You may have to provide them with a copy of a canceled check or money order. You can also have the creditor call the agency. Some will, some won't.
Can a collection agency have you arrestedyou are international student who owe money to hospital will the law work differently for youwill they deport you if the Ca sues you?
THE COLLECTION AGENCY HAS NO LEGAL STANDING TO HAVE YOU ARRESTED...HOWEVER IF YOU OWE A HOSPITAL FOR MEDICAL BILLS YOU CAN CALL THE BILLING DEPT. AND ARRANGE TO MAKE PAYMENTS TO THEM THAT WILL WORK FOR YOU...DO NOT AGREE TO SOMETHING YOU CANNOT HANDLE.
