answersLogoWhite

0

If the debt was sold to a collection agency and the original creditor accepted payment AFTER the debt was sold, the money does not belong to them. If, however, you paid the debt and it was mistakingly sol after that payment, the collection agency can't try to collect. If you have proof of payment, forward it to the collection agency and deman in writing that they cease trying to collect this debt.

User Avatar

Wiki User

18y ago

What else can I help you with?

Related Questions

What is it called when a creditor accepts less money than owed?

A settlement.


What dentists in physicians mutual dental ins?

I live in Newport Arkansas and I have had this policy over 7 months paying 79 a month and still haven't received a policy, cards and cannot find anyone who accepts it. Who in northeast Arkansas accepts it?


What are the effects in payment is made by third person?

When a payment is made by a third person, it can lead to several effects, such as the discharge of the original debtor's obligation if the creditor accepts the payment. This can also establish a new relationship between the third party and the debtor, as the third party may seek reimbursement. Additionally, the creditor may need to confirm the legitimacy of the payment to avoid disputes. Overall, third-party payments can complicate financial transactions and relationships.


How to Settle Debts for Less Than What You Owe?

If you have an account with a creditor that is seriously delinquent, the creditor may agree to a debt settlement to pay off the account in full. You may approach the creditor with an offer yourself, or you may work with a professional debt settlement agency. Both methods have advantages and disadvantages that are worth researching ahead of time. If your creditor accepts the settlement, you only have to pay the agreed-upon percentage of the debt.


What is the complement of a DFA and how does it relate to the original DFA?

The complement of a Deterministic Finite Automaton (DFA) is another DFA that accepts the opposite language of the original DFA. This means that the complement DFA accepts all strings that the original DFA does not accept, and vice versa. The complement DFA is created by swapping the accepting and non-accepting states of the original DFA.


If a creditor accepts a parcel payment can they report it late the credit agencies?

Yes, it is considered late because you didn't pay the full amount due. Plus, they can add late fees on as well.


Can your wages be garnished if you are paying less than the minimum required amount monthly on medical bills?

It is possible. When a contract is defaulted the lender/creditor may use whatever method is available under the laws of the debtor's state to recover monies owed. Consumer's sometimes believe that if they pay any amount oon the debt and the creditor accepts the payment, other action cannot be taken, this simply is not true. It might be prudent for the debtor to contact the creditor and try to negotiate more affordable repayment terms.


What is the plural of accept?

The plural of "accept" is "accepts."


Present s-form for accept?

he/she accepts


Is the word accepts a verb?

Yes, the word accepts is a verb.


Where is a dermatologist that accepts Medicaid in Buffalo NY?

Dermatologist in western NY that accepts medicaid?


Who else accepts the Amazon card?

Only Amazon.com accepts an Amazon gift card.