answersLogoWhite

0


Best Answer

No it doesn't you don't get to decide when it's paid in full now if you didn't owe any more payments then yes but if you get a bill saying you owe some more money then no.

User Avatar

Wiki User

โˆ™ 2005-11-02 14:32:08
This answer is:
User Avatar
Study guides

Add your answer:

Earn +20 pts
Q: If you sent a payment and put 'paid in full' on it and the collector accepted it does that mean you don't owe them anything anymore?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Can a debt collector refuse a payment?

It depends on the terms of the loan contract. * Yes. Once a contract is in default a collector or creditor does not have to accept anything less than the full amount owed.


Does Michael's accept checks as payment?

not anymore


Why Banks are institutions whose debts are accepted as payment of other people'liabilities?

Why Banks are institutions whose debts are accepted as payment of other people'liabilities?


Can a debt collector refuse a payment if you offer to pay?

can a debt collector refuse payment after it is offered after being swiched from one company to another and not being 30 day notice


What methods of payment are accepted on the Chicago Skyway?

The only methods of payment that are currently accepted on the Chicago Skyway are : Cash, EZPass, and IPass. Cash is only accepted if you drive through the "Cash Only" lane.


What is the similarity between cash and credit card?

both widely accepted. globally accepted as payment


What is similar between cash and credit card?

both widely accepted. globally accepted as payment


Can a collection agency take you to court if you have not returned their calls or made payment arrangements but you send small monthly payments which they deposit?

Yes. It is a common misconception that a creditor or collector cannot pursue legal action if any payment from the debtor is accepted. Once a contract is in default the lender or collector can take whatever steps allowed under the laws of the debtor's state to recover monies owed.


I tried to make a payment to a bill collector they refused to take the payment. I went to the company that turned me in to collection they accepted the payment. what are my rights?

If the collection agency did not accept your payment, the debt should be discharged from their control. You might need to contact an attorney to make sure these debts are removed from your credit report. If you are making payments to the company that sent you to collections, they will need to remove you from the collections agency.


Which of the following is not accepted as payment in the pawn shop?

casino chips


Where can one find a auto insurance collector?

If one is referring to an auto insurance collector as in someone who collect payment, most agents and brokers have systems set up for payment. Most can pay by credit card or by check.


What methods of payment are accepted at Winco Foods?

Cash, checks, debit, WIC and EBT transactions as forms of payment.

People also asked