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Should a debt collector give you a receipt each time you make a payment?
Wiki User
∙ 10y ago
Yes. Otherwise you have no proof that any payment has been made to the debt.
Wiki User
∙ 10y ago
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Why can't you get a detail Billing statement from a collection agency?
You can, but not directly from them. The debt collector is the agent of the original creditor and does not likely have all records of the debt or contract. The collector, as the agent of the creditor can go back to the creditor and request a reconciliation of payments and history, and will in fact be required to so that it van be verified if you notify the collector in writing that the debt is invalid due to payment or some other reason.
Your creditor made a mistake on your name can you tell the debt collector is not your account?
i was sued by citi bank and the wanted me to agree on a judgment so that i can continue making payment.
Should i send a collection agency proof of payment of debt?
with out a doubt. you would want them to update your CRA.
How do you get a collection agency to stop calling you about an account that is not yours?
The Fair Debt Collection Practices Act 15 USC, Section 1692c(C) CEASING COMMUNICATION reads "If a consumer notifies a debt collector in writing that the consumer refuses to pay a debt or the consumer writes the debt collector to cease further communication with the consumer, the debt collector shall not communicate further with the consumer..." So the magic phrase is "in writing". This type of letter is known as a "cease & desist" letter or C&D. Collection agencies only have to obey this provision of the law when it is in writing. Send your letter via certified mail, return receipt requested. If the collection agency contacts you again, you can sue them for violation of the law. You might also want to dispute this debt at the same time.
Does a debt collector have to send you a monthly bill?
A debt collector works for a collection agency. If the angency owns the debt then you can request statements. A collection agency will send you a paid or settled un full letter. They are not a billing agency.
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
You talked to a debt collector and promised to pay should you still pay?
Technically, ANY debt should be paid. If you owe it, then you owe it! If you need more time to get a payment to them, you can call and make arrangements. They will normally work with you. Once its with a debt collector, your already in trouble.....it wont get better by ignoring it
How do you get a debt collector to stop calling?
"If a collector contacts you about a debt, you may want to talk to them at least once to see if you can resolve the matter - even if you don't think you owe the debt, can't repay it immediately, or think that the collector is contacting you by mistake. If you decide after contacting the debt collector that you don't want the collector to contact you again, tell the collector - in writing - to stop contacting you. Here's how to do that: Make a copy of your letter. Send the original by certified mail, and pay for a "return receipt" so you'll be able to document what the collector received. Once the collector receives your letter, they may not contact you again, with two exceptions: a collector can contact you to tell you there will be no further contact or to let you know that they or the creditor intend to take a specific action, like filing a lawsuit. Sending such a letter to a debt collector you owe money to does not get rid of the debt, but it should stop the contact. The creditor or the debt collector still can sue you to collect the debt. "
Can you make a payment plan with a debt collection agency for a medical bill in NY?
Yes, you can negotiate a payment plan with a debt collection agency for a medical bill in NY. Contact the agency to discuss your financial situation and propose a payment arrangement that works for you. Make sure to get the agreement in writing and stick to the payment plan to avoid any further collection actions.
What would be the best way for an heir to make payments to an estate owner prior to the owner's death?
Any time you make payments for any debt you should pay by check made out to the creditor for the exact amount of each payment and keep a copy of each check. You should also keep your bank statements on file to prove the checks were cashed.If you don't have a checking account then you should purchase a receipt book at a business supply store and get a signed receipt for every payment toward the debt. You should also write a notation on each receipt that states the nature of the debt that is being paid. For example: if you borrowed money to buy a car from your grandmother on November 17, 2008 then you should write on each payment receipt signed by your grandmother, " RE: $5,000 car loan dated 11/17/2008".
Who should the debtor pay when an account is sold by the original creditor to another lender or collector?
Yes, the debt still stands. It's how debt collectors stay in busniess. When the debt or account is sold, the debt isn't erased, merely transferred. In essence, the original lender has sold the whole contract. * The debtor makes any payment agreement with the collector not the original creditor.
If a debt doesnt appear on your credit report can a debt collector still try to get payment?
Yes, credit report has nothing to do with Debt collection. What you should be looking for is State Statute of Limitation. Please type it in google and check the law for your state. Thanks!
How long can a debt collector collect a debt from a judgment if you have moved to South Carolina?
In South Carolina, a debt collector has 10 years to collect a debt from a judgment. This time frame starts from when the judgment is entered. After the 10-year period, the debt may no longer be enforceable unless it is renewed through legal actions.
Is it bad to settle an account with debt collector or should you pay in full?
Your question is vague. Paying in full is settling an account. If you are asking whether it is a good idea to make payment to the collector, it is fine as long as you keep all proof of payment and request a paid in full receipt when the account is settled. If you are asking if making arrangements to pay over time to the collector is a good idea, then only you can answer that with your knowledge of your personal financial situation. Refer to the previous scenario. If you are asking if it would be better to make payment to the original creditor, this is never a bad option unless you have had difficulty with the original creditor in the past. If this is the case, perhaps it would be best to pay the collector and allow them to mediate between you and the creditor.
Do I have to make a payment plan with a debt collector or can I just send in payments?
You can send in payments, it won't stop them from bothering you though, that is what the payment plan might be able to do for you.
Where can one enroll in certegy payment recovery services?
One has to be careful when enrolling in Certegy Payment Recovery Services. Many of these services are seen as scams and ripoffs as the debt collector is trying to collect a debt that is non-existent.
Can I stop sending payments to a debt collector and send them to the original creditor instead?
The simple answer is yes. You are creating then more paperwork, more opportunities for the payment to get lost, and less of a guarantee that the debt collector will adjust your credit bureau information. It is best to just send payments to the collector.
