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What would be a good offer to a collection agency for a 9000 dollar debt?
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∙ 13y ago
File Chapter 7-Offer is Zero!
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∙ 13y ago
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In Colorado does a collection agency have the authority to levy my bank account without notifying me first?
A collection agency in any state would need to notify you first.
What are the benefits of using a business collection agency?
There are a few benefits to using a collection agency for ones business or personal purposes. One benefit to using a collection agency would be being able to avoid having to directly deal with the person who owes money.
Once a debt is given to a collection agency can you get the creditor to take it out of the creditor's hands?
Once a debt is handed over to a collection agency, it's typically out of the original creditor's hands. However, it may be possible to negotiate with the creditor to recall the debt from the collection agency, but this process can be challenging and may require convincing the creditor of your ability to repay the debt directly. It's advisable to communicate directly with both the creditor and the collection agency to explore your options and find a resolution.
Can collection agency sue you in Texas?
Any collection agency can, in theory, sue you anywhere they can find you. Whether or not they have jurisdiction or a valid claim and whether you have defenses would depend upon the circumstances.
Can a collection agency collect from someone on disability And if not how do you stop them?
I used to work for a collection agency, and as far as I remember, no you can't. That would be like trying to garnish a social security check. I don't think they can do that.
What to do if your child support case was closed because they could not find the father?
You would need to hire a private child support collection agency at your own expense. You can read more about it at the related link.You would need to hire a private child support collection agency at your own expense. You can read more about it at the related link.You would need to hire a private child support collection agency at your own expense. You can read more about it at the related link.You would need to hire a private child support collection agency at your own expense. You can read more about it at the related link.
Is it legitimate if a collection agency sent you a letter stating that their client would settle for a certain amount if paid by a certain date and they want you to fax the letter to them?
Before making any commitments to a collection agency, you should get confirmatio from the original creditor that the collection agency has legal authority to collect at settle the debt.
Can a collection agency take your personal possessions?
In most cases, a collection agency cannot take your personal possessions. Depending on the amount, they may be able to garnish your wages which is what would happen first.
Why would a collection agency not give you the balance of your charge off in writing?
Only the company can answer that question.
When the original creditor on a second mortgage charges off the loan as bad debt can a collection agency foreclose on the mortgage?
They (collection agency) would first have to buy the mortgage rights from the original creditor (usually for just pennies on the dollar), before they could take action. Normally speaking though, once a charge off has occured, the chances are slim that a 2nd party would buy those rights due to high risk/low chance of recovery of assets and/or cash as the original creditor has probably already tried applying the max legal pressure (hiring a collection agency) to collect the debt.
Your former insurance co was to have paid the bill five years ago now you are being threatened by a collection agency and this is the first time you have seen the bill?
Before communicating any more with the collection agency, check with the insurance company to see what happened in that case, and/or with the original company they claim you owe. Most companies would have charged off the bill by now, and you owe nothing. The collection agency may have bought the deal for cents on the dollar and the money they collect doesn't go to the original vendor. It won't do you any good to pay this collection agency, since it starts up the payments again. If they continue to threaten, you have rights. Tell them to send you a bill in writing and to stop calling.
If you offer to pay part of the debt can the collection agency still take you to court?
Of course. Things would be chaotic if we could decide how much of a debt we will pay back after we initially agree to the loan. Who in his right mind would lend someone money?
