There is no set minimum amount. Many want to receive at least the interest on the principle.
shure why not
Sure - the operative word here is "debt collector" ... they can and will do anything within the law to make certain they are paid.
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.
i paid taxes on a property. i want to know how to place a lien on that property for the amount paid.
The debt must be paid by the estate. If that's not possible and the children want to keep the property they must ay the mortgage. If the mortgage isn't paid the bank will take possession of the property by foreclosure.The debt must be paid by the estate. If that's not possible and the children want to keep the property they must ay the mortgage. If the mortgage isn't paid the bank will take possession of the property by foreclosure.The debt must be paid by the estate. If that's not possible and the children want to keep the property they must ay the mortgage. If the mortgage isn't paid the bank will take possession of the property by foreclosure.The debt must be paid by the estate. If that's not possible and the children want to keep the property they must ay the mortgage. If the mortgage isn't paid the bank will take possession of the property by foreclosure.
As long as they are actively pursuing it, they can chase it until the debt is paid. There's no way to simply keep avoiding the debt, it won't just 'go away'.
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
If the full settlement amount offered is paid in full by the debtor, the debt is considered paid. When entering into a settlement of a debt the debtor should obtain all the pertinent data in writing and not agree to anything unless he or she understands the agreement in full.
Creditors trying to get you to pay the full amount of a loan. That they paid pennies or a dollar for. What law can, I use to pay the amount. The debt collector paid to get the loan.
It is a valid debt of the estate and must be paid. In many cases a will names that as an immediate debt to be resolved.
Whoever you paid the debt to must have not had the account with them, therefore they returned the payment. So to answer your question, yes you are still liable until there is a zero balance on the debt you owe.
In reality, if there is no written proof of the debt, the estate cannot collect.