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What would happen if your bank reports you to the collection agency for being overdrawn by 2800 dollars for 45 days?
Wiki User
∙ 12y ago
The collection agency will attempt to collect the debt through phone calls to you, letters requesting payment, and possibly seeking a judgment against you in court and garnishment of your wages if you are employed. The most serious consequence of overdrawing your checking account is they no doubt reported it to ChexSystems... an entry on ChexSystems will prevent you from being able to open a new bank account.
Wiki User
∙ 12y ago
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Can a collection agency continue to report a collection account to the credit bureau after the account is sold to another collection agency?
No, once a collection agency relinquishes their claim to the account by selling it they must remove all negative trade lines related to that account from your credit reports. Hope this helps ST
How long can a collection agency come after you for 70 dollars?
Until you pay your debt
Is there a dollar amount for collection agency's to report to the credit bureau?
A collection agency can report you to the credit bureau for any amount of money. There are agencies that will report for amounts under a hundred dollars.
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.
If a collection agency posted a check a day before the agreed date against one of your accounts what can you do about this?
Nothing unless it caused the account to be overdrawn and fees were charged. However that would be an issue for the bank which processed the check previous to posted date.
How do you find out what collection agency you owe to?
An easy way to find out what collection agencies you owe money to is by pulling your credit report. Credit reports will list balances with all creditors as well as if any balances were turned over to collection agencies.
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.
Can a collection agency sue for under 300 dollars in Tennessee?
Yes, there is no minimum or maximum amount of debt required for a lawsuit to be pursued.
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.
When was Norwegian National Collection Agency created?
Norwegian National Collection Agency was created in 1990.
What is the population of Norwegian National Collection Agency?
Norwegian National Collection Agency's population is 2,005.
