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with out a doubt. you would want them to update your CRA.
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How do you remove a paid collection from your credit report if you paid even though disputed and did not agree with it and provided proof to original creditor who still sent you to a collection agency?
Don't let a collection agency push you around. As a consumer you have many rights. The best places for anyone to exercise their rights are in small claims courts. For less than $100 you can bring a collection agency to their knees.
What should you do about a debt that was charged off over 10 years ago and removed from your credit report but has now reappeared because it was bought by a new collection agency?
Under the FCRA (fair Credit Reporting Act) If a Creditor or collection agency cannot verify a debt they are not allowed to collect, contact you or report it. Violation of this act is a $1000 fine. There's no way for a collection agency to prove that you owe them money because there is only an assignment of debt and not a contract between you and the creditor. One loophole, if you signed an agreement wording "debtor agrees to be responsible for payment of this debt to creditor or it's assigns" then you will be responsible for paying it. A computer generated printout of debt is not enough for Proof of Debt Owed.
If you dispute a debt from a collection agency and send it with delivery confirmation does the 30 days start from the date they received the letter?
yes. It begins when the letter is signed for. This is why it is very important to always send a letter of dispute via registered mail. The 30 days has nothing to do with the collection agency and it's requirement to prove the validity of a debt. The 30 days applies to the consumers right to dispute a debt after receiving written notification of the debt. There is no time constraint on the collection agency to get the proof to the consumer. However, they must stop all collection activities until they do provide the proof.
Can you use bank statement or passbook as a income proof?
The agency or institution asking for the proof should tell you what documentation is acceptable to them.
If a company is no longer operating what will happen if you dispute a charge off that is with a collection agency?
Whether the company is opertaing or not, does not make any difference. Proof of your account is still there.
In Arkansas can a collection agency sue you if the original creditor accepts payment on the debt?
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.
Can a debt be classified as a judgment if you made a payment and the collection agency contacted you and you showed proof of payment and are paying the remaining balance?
if collection agency is not from your lender, but third party, then you need to fax them proof of your payments to your lender or financial insitution and have them send you a letter stating that they will not report you to credit bureau. and also have them contact the collection agency you are making payments. asian623 http://www.myspace.com/scionturboracing
Can the collection agency be sued for not providing validation of debt after it has been requested?
Anyone can be sued for anything. Whether you will win is another matter. If a collection agency demands a payment and cannot or will not provide proof that the debt is valid, it should not be paid. You might then have a case for harassment if they continue to demand payment without validating the debt.
Collection agency is requesting payment that is not mine?
This would put a big red flag for me ... suspect stolen identity. You should be calling that agency toot sweet ... see what the debt is for and provide some proof that the debt is not yours.
What do you do if an account was turned over to a collection agency but the original creditor accepted your payment in full?
Contact the original creditor. Provide proof of your payment. They need to retract the account from the collection agency. The account could have been sold to the collection agency or simply assigned to them. For your purposes, it does not matter which situation applies. You paid the original creditor and your credit report needs to reflect this. After they do what they need to do to get the account back; you then dispute the entries with all three credit bureaus. The original account should show as a paid collection and the other collection account should be removed from your credit report entirely.
Request to Cease Collection Activity?
Get StartedIf an identity thief purchases products on credit using your name and fails to make payment, you will likely have one or more collection agencies contacting you for payment. This letter should be used to inform the collection agency that you have been a victim of identity theft and that you should not be required to pay for the purchases. Send copies of proof that may be needed to show that identity theft has occurred.Note: You should contact the collection agency immediately and use this letter as a follow-up. However, if you choose not to call first, this letter can be used as a first contact with the collection agency. To learn more about consumer rights and general rules regarding debt collection, refer to the Fair Debt Collection Practices Act.
How to you remove a child support lien in Georgia?
You need to pay all the arrears and provide proof of payment to your state Child Enforcement Agency. It can issue a release that can be recorded. You should inquire at the court that has jurisdiction over your case.You need to pay all the arrears and provide proof of payment to your state Child Enforcement Agency. It can issue a release that can be recorded. You should inquire at the court that has jurisdiction over your case.You need to pay all the arrears and provide proof of payment to your state Child Enforcement Agency. It can issue a release that can be recorded. You should inquire at the court that has jurisdiction over your case.You need to pay all the arrears and provide proof of payment to your state Child Enforcement Agency. It can issue a release that can be recorded. You should inquire at the court that has jurisdiction over your case.
How can you stop calls from a collection agency?
To stop calls from a collection agency, you need to write them a letter. In this letter, you should tell them to cease and desist further communication with you. Send the letter by registered mail so that you have proof you sent it. Also, when mailing the letter, ask for proof of delivery. The debt collection agency may only contact you once more to acknowledge the letter and to state what, if any further action they intend to take.
Does a payment accepted from a collection agency bind them to that payment?
Only if the debtor has proof that an agreement was made for the amount rendered being acceptable. The standard rule is "get everything in writing" before making any payment. In some states verbal contracts are legally binding but are usually difficult to prove.
What should you do if you get a letter from a collection agency and the amount of the debt is wrong?
The collection agency must give you thirty days to dispute any portion of the debt they claim you owe. You must send a written reply disputing the amount and any proof of your claim.
Can you be sued by a collection agency for fees if you settled the debt with the original creditor?
Yes. If a debt is defaulted on, there are several penalties that can be assesed by the collector. They can sue andmaybe received a judgment. Collecting on any judgment, however, is a different matter. Proof of payment to the original creditor would provide an affirmative defense to a lawsuit from a collection agency.
How can you remove a collection agency entry from your report if you have paid the original creditor and there is no need to deal with the agency?
Send proof of payment to the original creditor and the information being reported against you by the collection agency. Request that they make sure the collection account is withdrawn and their original account is listed as paid. Upon receipt of that letter, send a dispute letter to the credit reporting agencies with your proof of payment. Follow up until your credit report is correct. updated entry: This is pretty good, but one problem is that neither the creditor nor the collection agency will be all that motivated to do anything since you have already paid the debt. But is really your only option at this point. Keep doing this over and over (every 2-3 months). I am always surprised, but sometimes things get removed on my 3rd or 4th time.
