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Until you pay your debt

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โˆ™ 2010-06-09 16:15:07
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The law is derived from three main sources what are they

If there is an erroneous payment then

These funds last 5 years have limited use and cannot pay for new obligations

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Q: How long can a collection agency come after you for 70 dollars?
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Related questions

If one collection agency fails to collect a medical bill and sell it to another agency how long will the bill stay on a credit report?

seven years

How long does a collection agency have to validate debt?

30 days from the time the debtor requested written confirmation.

If you already paid a debt can a collection agency legally continue to try to collect the debt?

Not as long as you can prove you paid it.

How long do unpaid credit cards stay on your credit report in NY state?

Technically seven to ten years. When a credit card goes into default it gets written off on the creditors taxes as a loss and gets sold to a collection agency for 10 to 20 percent of the original loss. Down the line it gets sold from collection agency to collection agency.

How long does an unpaid long distance bill stay on your credit?

If the bill is turned over to a collection agency, it can remain on your credit for seven years from the date of last activity. ----------------------------------------- That is correct - 7 years. It can come off if you hire a credit attorney, though.

How soon can a vendor send a client's account to a collection agency?

There is no law that restriction how long a creditor or business must hold a bad debt before forwarding it to a debt collections agency.

Can a collection agency charge collection costs?

No they can't it's against the law. However the original creditor is allowed to add collection fees as long as the underlying contract allows for it. For example medical intake forms often allow for interest and collection fees.

How long have Romania used dollars?

Romania don't use dollars. But in banks, tourism or travel agency, payments between individuals, etc. the use of dollars is common. For other uses it is mandatory to change dollars in lei.

How long before a cable company can submit your balance to debt collection agency?

things like this usually are after a couple months of non payment

How long is the sol when a debt is transferred from collection agency to collection agency does the date of last activity that starts the sol change or is it actually from start of the deliquence from?

The SOL is from the "date of last activity" from the ORIGINAL creditor. State laws varied, but most are within 4 to 5 years from the dla.

How long will it be until unsecured creditors contact you after your chapter 13 is dismissed?

There is no definite answer as creditors establish their individual collection procedures, it might also depend upon whether it is the original creditor or a collection agency.

Can law collection agencies keep asking for more money even you can't afford it?

Yes, even though it makes very little sense for them to do so. A collection agency regardless of the status can continue collection attempts as long as they do not violate the FDCPA.

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