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If you received a letter from a collection agency for over 4000 dollars 3 yrs after your car was repoed are you still responsible for this amount?
Wiki User
∙ 8y ago
Yes. This is the difference between what you owed and what the finance company was able to sell the car for. It does seem odd that you would not have heard from them in that time, but it's still a debt.
Wiki User
∙ 8y ago
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What federal agency is responsible for collection revenues?
The IRS
How long can a collection agency come after you for 70 dollars?
Until you pay your debt
What is the UK agency called the EXchequer responsible for?
The Exchequer is an agency primarily responsible for the UK's collection and distribution of finances arrived from taxes, loans and public or private borrowing.
What happens if you get served papers from a collection agency and you never received them?
Well then technically you were not severed if you never received them ...
What does the word or name CIA mean?
CIA stands for Central Intelligence Agency; an American government agency responsible for the collection of intelligence.
How do you pay Florida traffic ticket to collection agency?
Go to the clerk of court office for the county in which you received the tickets, and they will give you a printout of the name and phone number of the collection agency that has them.
Is there a dollar amount for collection agency's to report to the credit bureau?
A collection agency can report you to the credit bureau for any amount of money. There are agencies that will report for amounts under a hundred dollars.
What is collection agency?
A Commercial Collection Agency is and agency that collects debt on behalf of their clients, same as a consumer collection agency, but a commercial collection agency collects business to business.
Why original creditors sale accounts to a collection agency?
Original creditors sale their accounts to collection agencies when the account has been past due and they have not effectively collected. At that time, the original creditor will charge off the balance from their accounts receivable and turn the account over to a collection agency. When the collection agency collects the debt, a portion of the amount received is paid the the collection agency and the remainder is returned to the original creditor as profit.
Which government agency became responsible for the collection of data phones and electronic communications after the passing of the USA patriot act?
Bum
How do you find a collection agency that you owe money to if you haven't received letters in a while and don't know how to get it taken care of without consolidating?
They'll find you! Check your credit report, chances are the collection agency name and address is lurking!
How are work commercial collection agency?
The commercial collection agency is used in debt collection in the event a debtor fails to.
