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Yes. Once a contract has been defaulted on, the creditor has no legal obligation to accept any payment other than that which was agreed on in the original contract or subsequent agreement.

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โˆ™ 2006-08-24 18:59:17
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Q: If a creditor sends your payment back to you do you still owe the debt?
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A back payment is an overdue payment from a debtor to a creditor on money owed.


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If a car has a lien placed on it prior to bankruptcy being filed do you get the title back when the bankruptcy is completed?

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