Well, since you have satisfied the debt and have the receipt, their asking is just that. You have no responsibility to respond.
If a judgment is obtained steps can be taken to obtain payment if you do not pay voluntarily. Once they have a judgment, they can go back to the court if they do not receive payment and file for periodic payments, once the judge issues an order for periodic payments, if you do not make those payments you will be violating a court order which is punishable by being arrested. Also, if they have obtained a judgment and you do not pay they can attach any assets you have such as vehicles, property, bank accounts or paychecks.
They stop collecting
Your credit score can be decreased by having collection accounts listed, a judgment, late payments or if you have too much available credit. If you have that much credit, you would want to contact the credit issuer to lower your credit limit. Your debt should never be more than 35% of the available credit. Timely, consistent payments to your creditors and low credit limits will help increase your credit score.
The majority of private pensions are exempt or partially exempt from garnishment by judgment creditors not by child support orders or tax arrearage payments. All Social Security, government and military pension benefits are totally exempt from judgment creditor garnishment.
Consult the creditor, but they will most likely agree to some kind of reasonable payment plan in order to get their money.
Usually you can work out a payment plan with a judgment creditor. If you do not have the money now, a payment plan (and settlement agreement) is a cheaper and better alternative to the other collection techniques in the Creditor's arsenal.
If a judgment is obtained steps can be taken to obtain payment if you do not pay voluntarily. Once they have a judgment, they can go back to the court if they do not receive payment and file for periodic payments, once the judge issues an order for periodic payments, if you do not make those payments you will be violating a court order which is punishable by being arrested. Also, if they have obtained a judgment and you do not pay they can attach any assets you have such as vehicles, property, bank accounts or paychecks.
if collection agency is not from your lender, but third party, then you need to fax them proof of your payments to your lender or financial insitution and have them send you a letter stating that they will not report you to credit bureau. and also have them contact the collection agency you are making payments. asian623 http://www.myspace.com/scionturboracing
No. A judgment creditor cannot take possession of child support payments to satisfy a lien.No. A judgment creditor cannot take possession of child support payments to satisfy a lien.No. A judgment creditor cannot take possession of child support payments to satisfy a lien.No. A judgment creditor cannot take possession of child support payments to satisfy a lien.
no you can not
No
Yes. The property can obtain a judgment for delinquent rent payments. The mobile home could be sold if the debtor doesn't pay the judgment.Yes. The property can obtain a judgment for delinquent rent payments. The mobile home could be sold if the debtor doesn't pay the judgment.Yes. The property can obtain a judgment for delinquent rent payments. The mobile home could be sold if the debtor doesn't pay the judgment.Yes. The property can obtain a judgment for delinquent rent payments. The mobile home could be sold if the debtor doesn't pay the judgment.
They stop collecting
A collection agency is not hired to get the amount paid in payments they are paid to get the amount in full. At this point the place you originally owed the money to and did not pay may or may not be willing to take payments being that they have now hired the collection agency to get the money from you. YOu can call the original creditor and tell them you are willing to pay and if they say no then you must pay the collection agency, I have never heard of any of them taking payments. When they get hired they try to collect as much as possible of the owed amount so they can get a higher commission. They dont want payments they want money in full....
The duties of a collection lawyer is to collect debts, fees and payments from clients of their company. Collection lawyers represent banks, the government and other creditors.
Yes, in Pennsylvania, you can garnish monthly alimony payments to collect on a civil judgment. You would need to follow the proper legal procedures and obtain a court order to garnish the payments. It's advisable to consult with a lawyer to ensure you follow the correct steps.
Most hospitals farm out collection accounts after 90 days of nonpayment to outside collection agencies.