By all means, answer the summons and appear in court. Put forth a defense. Collection agencies manage to obtain a huge percentage of default judgments because consumers do not show up in court. Your debt MAY be past the statute of limitations, as established by (your) state laws. If so, raising this affirmative defense would prevent a judgment from being granted against you. Your best option would be to thoroughly investigate your rights and the status of the account. You may be able to not only provide a defense to the judgment, but counter sue. www.artofcredit.com may offer you some useful information. Good luck! It is always advisible to have legal counsel. However, persons who represent themselves in court are given more leeway to plead their case. If the debt is valid, there really is no defense. What is needed is documentation, of income, assets, bank account statements and most especially exemption status. All states have exemptions that specify property that is exempt from judgments. The CA will more than likely be awarded a judgment. That does not mean they will be able to collect it.
Of course.
Of course. If it's an unpaid debt, the collection agency owning the debt may try to collect it. And beware, they can track you down no matter what. However, they have to abide by certain rules, which are defined in the Fair Debt Collection Act.
No, this is called "re-aging" the debt, so that it stays within the statutes for collection and legal action within your state. Dispute this with the credit bureau, and of course, keep all account records for proof.
Of course it can unless there are provisions in your contract with a collecting agency which make it impossible.
I presume your question is in regards to a bill for tuition (and perhaps other fees) claimed by the school, and that the school has sold this debt to a collection agency. I am convinced that tuition for education/training services is unsecured debt. Of course the school can withhold certificates that were to be awarded upon satisfactory completion of the education, and may not list you as matriculated/graduated in their records until they are satisfied. As you indicate that the school has sold the debt to a collection agency, then such action to suspend the economic value of the education probably has already happened. So now you have an unsecured debt being pursued by a collection agency -- the same as all other unsecured debts being pursued by collection agencies. Apparently, you are about to learn-the-hard-way about the details of such collections. If the collection agency does not get you to make payment that is adequate for a negotiated settlement between you and them, then they might resell the debt to another collection agency that will start pursuing you again, or simply give-up pursuing you, or bring a civil suit against you.
Yes.Collection agencies can add "administrative fees" and late-payment charges. It all depends on the agency of course...
Creditors' collection policies differ widely. Generally, most businesses prefer to send defaulted accounts before the end of the fiscal year. Some businesses have collection agencies on retainer or have contract agreements in place so will send accounts as soon as they are 30, 60, 90, or 120 days delinquent. Other prefer to try to handle matters in house until it becomes apparent legal action must be taken to recover the debt. Your best course of action would be to ask the original creditor directly.
They can get garnishments on your pay...and be sent money from everyone you get. And of course, any and all costs and accruing interest of having to do so, will be included in what you owe them. Taxes can really only be garnished for debts to governments...or for loans they guaranteed (like student loans). But of course, the collection agency can attach your banking accounts and as soon as you deposit the tax check take it. Creditors, with support of the the courts and society, do this all the time as a regular course of business to collect debts owed to them from people who refuse to uphold their legal agreement to pay.
A collection of lectures is commonly referred to as a series or course.
AnswerYes, if you have an outstanding balance due and especially if you provided your social security number on your application. The collection agency will then identify any accounts that have additional pertinent information such as social security number (if not provided), phone numbers and alternate points of contact. The agency will then attempt to collect the outstanding balance. If they fail to collect the debt, the delinquent account will be listed to your credit bureau. When you apply for any future loan, revolving account or have any one check your bureau for credit worthiness (i.e. apartment, cell phone or utility company) your college course debt will be listed as an unpaid debt. The debt may have also accrued interest, late fees and the collection agency fees.
yes of course,there are two option,seek until you have one or use the pokéradar
Yes, it can be garnished by a collection agency (CA). What happens is that the original credit sells the debt to the CA. Then the CA owns the debt. The CA tries to collect from you. If you don't pay, they can sue you. If they sue you and win a judgment, they can garnish your wages. Of course, the CA may be suing you for debts that are not yours or where the statute of limitations has expired! Learn your rights by reading up on the FDCPA.