You can call or write the collection agency or lawyer. You may be referred back to the debtor, unless the collector has bought the debt. To settle the matter, make the best offer over 50% you can pay in a lump sum, or try to get the creditor tio make an offer of a settlement amount.
If you can't pay a lump sum, you will find the creditor or collector unwilling to cut a deal as to the amount owed, and you will have to pay the interest plus something towards the principal every month.
Look into bankruptcy if the debt is over $1,000 or you owe several unsecured creditors.
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 average salary of a debt collector is 28,000 dollars. The percentage given as a commission varies from 3 to 5% of the debt being collected. In some companies, it is even a larger percentage.
Yes. The new debt collector bought the entire debt, including interest that was added on. You will be responsible for the entire debt.
It does not follow. The lien of the debt collector comes after the mortgage loan. Which means that the debt collector still may not be able to collect any money.
Technically, ANY debt should be paid. If you owe it, then you owe it! If you need more time to get a payment to them, you can call and make arrangements. They will normally work with you. Once its with a debt collector, your already in trouble.....it wont get better by ignoring it
A bill collector may reduce the debt you owe or offer you a lower percentage rate. Usually you can work with them and pay off your debt for a percentage of that debt.
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 duration of The Debt Collector is 1.82 hours.
Partial payments to a debt collector may not necessarily stop a lawsuit, as they can still pursue legal action to recover the remaining amount owed. It's important to communicate with the debt collector to try to negotiate a settlement and potentially prevent a lawsuit. Seek legal advice to understand your options and rights regarding the debt collection process.
The Debt Collector was created on 1999-06-25.
The Debt Collector - novel - was created in 2007.
Sure - the operative word here is "debt collector" ... they can and will do anything within the law to make certain they are paid.
The average salary of a debt collector is 28,000 dollars. The percentage given as a commission varies from 3 to 5% of the debt being collected. In some companies, it is even a larger percentage.
"If a collector contacts you about a debt, you may want to talk to them at least once to see if you can resolve the matter - even if you don't think you owe the debt, can't repay it immediately, or think that the collector is contacting you by mistake. If you decide after contacting the debt collector that you don't want the collector to contact you again, tell the collector - in writing - to stop contacting you. Here's how to do that: Make a copy of your letter. Send the original by certified mail, and pay for a "return receipt" so you'll be able to document what the collector received. Once the collector receives your letter, they may not contact you again, with two exceptions: a collector can contact you to tell you there will be no further contact or to let you know that they or the creditor intend to take a specific action, like filing a lawsuit. Sending such a letter to a debt collector you owe money to does not get rid of the debt, but it should stop the contact. The creditor or the debt collector still can sue you to collect the debt. "
Yes. The new debt collector bought the entire debt, including interest that was added on. You will be responsible for the entire debt.
Yes, you can negotiate a payment plan with a debt collection agency for a medical bill in NY. Contact the agency to discuss your financial situation and propose a payment arrangement that works for you. Make sure to get the agreement in writing and stick to the payment plan to avoid any further collection actions.
To avoid debt's collector harassment, it is important to settle your debts in time.