Wiki User
Answered 2006-08-28 18:52:33
Yes, they could settle on amount before court--I usually tell people to start at half of what is owed if the debt is under 2 yrs old. That of course doesn't mean that the collection agency will accept that. Really and truly, it depends on if they bought the account and how much they paid for it. If it is older--start a little lower than half. Whatever you offer--make sure it is something that you can do immediately (within 30 days). State your case- tell them you are trying to clean up your credit. If the amount they want is more than you can afford--try to settle for more time--like 2-3 months with the balance divided by the months. ($900.00 is settled on--2 months to do it $450.00 a month--3 months $300.00 a month.) !!!DO NOT WRITE ANY POST DATED CHECKS--there have been too many mistakes made and you don't want to find that you are now overdrawn with more fees added and the money needed for utilities-rent is gone!!
Your Answer
Still have questions?
Related Questions
What did the framers expect regarding the bureaucracy?
Federal departments and agencies would be relatively small
What does it mean when a bank has written off your second mortgage?
It means you haven't paid them in so long that they've given up on collecting. Most companies sell their written off debts to collection agencies so you can expect to get annoying calls from a collection agency in the near future. If you owed enough on the 2nd mortgage the bank may also attempt to foreclose on your home. you should contact the lender and try to bring your 2nd mortgage current before that happens.
What would you expect to find in a Bacterium but not in a virus?
Cytoplasm (a collection of proteins dissolved in water).
What help can you expect to get from employment agencies?
Employment agencies are good for when you cant find a job no matter where you look. People are afraid to use them but from my own experiences they work good and they are easy.
What locations on the Earth would you expect to find sedimentary rocks and why?
in georgia because georgia has a collection of rocks
Have famous actors/actress' attended acting agencies?
Acting agencies are basically referred to as talent agencies. They are needed if you expect to make a living by doing acting, they will help you find roles to be in. All of the actors you see in movies have been assigned to parts through an agency.
How many points can one expect to be taken off of their score for a collection account that was charged off?
It varies, but can be a lot.
What is the value of James Bond car collection - edition 1 to 22?
expect to be c£200 max'
When take maternity leave before delivery or after delivery?
before or after i have to have a more in depth knowledge of who and what you expect before i answer
Who said 'When a collection of brilliant minds hearts and talents come together - expect a masterpiece'?
geofrey hailey
How do you value your stamp collection?
Priceless satisfaction Good Answer! You never should expect to make money from a stamp collection. Unless you are going out and buying high value items, you won't be able to get as much as you paid for them. A dealer will look at the overall collection and make an offer. If you have specific stamps that are worth great deal, they are going to do better individually then as a part of a collection. If looking to sell the collection or appraise it for estate value, if the individual was a member of the American Philatelic Society, they will assist in finding a reputable appraiser. Even if you were to identify and catalog every single item in the collection, you would expect to get only a fraction of the catalog value.
What is the right to participate in government?
Montana Constitution Section 8. Right of participation.The public has the right to expect governmental agencies to afford such reasonable opportunity for citizen participation in the operation of the agencies prior to the final decision as may be provided by law.
What is the average price of the Hello Kitty Bedding Collection?
The price for the Hello Kitty Bedding Collection varies depending on the site of purchase and size of the bed. However, one can expect to pay anywhere between $40 and $70 for this item.
What age do you need to be before you can get wet dreams?
they come when you least expect them
When should you expect your m291 skin decontamination kit?
before and after a mission
What is the value of a 303 British No 5 Mk 1?
These rifles are my personal favorite from the historical category of Sniper Rifles. I do hope to add one to my collection before too long. You can expect to pay over $1800 USD for a good complete rifle. They are highly sought after rifles
Why would a collection agency report a higher amount owed?
Te balance owed on a defaulted account will continue to accrue interest and penalty charges until a settlement of some sort is made. The interest charges and any applicable fees are regulated by state law where the debtor resides or in some cases the state where the contract was made. Not to be overlooked is the fact that many of the amounts reported by collection agencies are based on incorrect and unenforceable interest and fees. Do not hesitate to request an accounting of these amounts. Do not expect cooperation without effort.
What kinda of sikness you expect before and after marriage?
Severe anxiety with physical symptoms
Is there a minimum amount of debt you should have before a company will give you a debt consolidation loan?
Not really, but you can expect most of them ask for you to have 5000.00 - 10,000 in minimal debt. But for the most part these types of agencies profit, whether they admit it or not, and are looking for more clients/customers. Many of them will be eager to help you in most cases.
Would you expect Mt Rainer to inflate before an eruption?
yes yes By: K
Does and donts before thyroid biopsy and blood test?
Some does and don'ts before you undergo a thyroid fine needle biopsy and blood test are: do ask questions, don't go alone, do expect discomfort, don't expect quick results, and do take good care of yourself before and after the biopsy.
I am on vacation, and wondering how much a bus rental costs?
BusRates.com has a great collection of info on different rates you can expect to pay to rent a bus or charter. Check them out at http://www.busrates.com/.
How was America involved in world war 2 before pearl harbor?
How do you expect us to know?!?!
How tall dose a 13 yr old girl have to be to do modeling?
In order to do fashion/runway/editorial modeling, agencies expect younger models to be at least 5'7" minimum because they expect them to get taller as they get older but the general range is 5'8"-6'0". If they are going to be a teen model then there aren't strict height requirements.
Don't count the chickens before they hatch?
You should not count on something before it happens.You should not expect all of your hopes to be fulfilled.you are very welcome :)
US ConstitutionLoansScienceJobsSedimentary RockDrama and ActingPersonal FinanceCars & VehiclesMaternity and Paternity LeaveFamous QuotationsStamp Collecting (Philately)Hello KittyMen's HealthPollutionFirearmsCredit ReportsDivorce and Marriage LawDebt ConsolidationEarth SciencesThyroidWorld War 2ModelingWord and Phrase Origins
