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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.
What else can I help you with?
What is collection agency?
A Commercial Collection Agency is and agency that collects debt on behalf of their clients, same as a consumer collection agency, but a commercial collection agency collects business to business.
Is Credence a collection agency?
No, Credence is not a collection agency.
Can a late payment of an electric or cable bill lower your credit score?
Only if it goes to a collection agency.
If a collection agency goes bankrupt how does someone find out who owns the debt?
Even if the collection company goes bankrupt, you still owe the bank whatever money you borrowed from them. The bank hires the collection company to get that money, so you still owe them
Can a business garnish another business for debt?
A business can't garnish over another business, but if they hire a commercial collection agency to collect the debt, even then the agency can't garnish. When a business debt collection service goes to Court, the commercial debt collection agency can arrange a settlement to "force" the Court to garnish over the debtor. Collection Laws varies in every state
How are work commercial collection agency?
The commercial collection agency is used in debt collection in the event a debtor fails to.
I have a medical bill for 168.00 that was sent to a collection agency after I made a payment. They are going to keep in the collection agency until my bill is paid off. This can not be right.?
If the bill was late enough to be sent to a collection agency, the collection of that bill has been turned over to that collection agency as well.
What is commercial collection agency?
A Commercial Collection Agency is and agency that collects debt on behalf of their clients, same as a consumer collection agency, but a commercial collection agency collects business to business.
What percent of collections does a collections agency get for a medical bill collection?
This depends on the collection agency, but the age of the account, the location of the debt (that regulate collection laws by the state), play a big role. The older the account the higher the percentage that goes to the collection agency the percentage is negotiated between the agency and the client(this is a fact, part of a previous job).ive seen between 10% and some as high as 40%. which if you have a bill from an agency, it really isn't any f your business how much they get, you should be worried abour negotiations.
How long do unpaid credit cards stay on your credit report in NY state?
Technically seven to ten years. When a credit card goes into default it gets written off on the creditors taxes as a loss and gets sold to a collection agency for 10 to 20 percent of the original loss. Down the line it gets sold from collection agency to collection agency.
What is the population of Norwegian National Collection Agency?
Norwegian National Collection Agency's population is 2,005.
When was Norwegian National Collection Agency created?
Norwegian National Collection Agency was created in 1990.
