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What happens after your creditor has sent your account to an attorney?
Wiki User
∙ 2011-09-13 11:56:08
The attorney gives you some time to pay, then gets a judgment and uses the other legal options(garnishee wages, attach property, bank accounts).
Wiki User
∙ 2011-09-13 11:56:08
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Can a collection attorney collect if you sent them a letter to cease and desist and the original creditor sent you an agreement that you agreed to pay?
If you paid according to an agreement and can prove it, the attorney couldbe liable for damages to you for unfair debt collection ro fraud.
What happens to a sub-account that was transferred to you if you reject it?
It is sent back to the TODO
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What is the difference between pre-charge off and post-charge off accounts?
A pre-charge off is when the creditor is giving the debtor notice that the account is in default and will be sent to collections if a payment agreement is not made by a specified date. Post-charge off is when the account has been sent to collections, sold to a third party creditor or referred to a legal firm for further action.
Does a Creditor have to notify you if you are being sent to collections?
No.
What happens if you report someone on msn?
Hopefully there account will be closed and email sent to them before that.
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You can request to have it sent to your email address that is on file with your account.
What is the difference between 'paid' and 'closed' on a credit report?
The general rule is "paid" means the account has been, well, "paid." Closed means the account has been closed or written off by the original creditor. This could mean they gave it up as being uncollectable or they have sent it to a collection agency or sold it to a third party creditor.
Can I say information have been sent to your account?
Information has been sent to your account
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Are you sure you sent it the form to them? And if you did it may take a few days for them to activate your account. Also, wolfquest may be down for awhile, sometimes that happens.
Can an account be sent to collections if you are making monthly payments?
If the payments are not suitable in size to the creditor, then yes. This commonly happens with medical bills. Hospitals and clinics are not required to extend the courtesy of credit to anyone. Payment in full tends to be the policy. If you owe thousands and are only paying a small amount (like 50 every month) they will send it to collections.
Can a creditor or debt collection agency access my bank account for debt collection?
Yes they can. After they have obtained a court judgment. I fell behind on two payments on a court ordered payment plan and the creditor sent a letter asking me to contact them within 10 days. I did not. I am not sure how they were able to do it, but they got a court order placing a hold on my checking account (took all the money that was available) and I am not able to withdrawal any money from the account until such a time that the debt is satisfied. I would advice that you contact them to try and set up some sort of payment plan if and when they do get access to your account.
