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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.
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What external sources would you turn to for information relating to data protection?
An external source is any source or firm outside of your own business from which you may seek services. An example of an external source for info relating to data protection would be any data protection agency or the Information Commissioner's Office.
What if I do not pay the collection agency?
There are several potential scenarios: If you simply refuse to acknowledge the colelction agency, they may simply return the debt to the creditor as unrecoverable. Not so likely. If you do not acknowledge the collection agencies efforts, and they confirm your location, they may recommend the creditor seek legal judgment against you, and proceed to recover the debt without your consent. More likely. If you acknowledge the collection agency and tell them over the telephone not to contact you further, they may return the account to the creditor as unrecoverable. Not so likely. If you acknowledge the collection agency, and request they not contact you further, the agency may take that as a refusal to pay, and recommend to the creditor to file suit. Upon successful receipt of judgment, they will recover the debt without your consent. More likely. If you write to the collection agency that they not contact you further, suggesting in your correspondence that the debt is invalid, the collection agency may return it to the creditor as unrecoverable. Not very likely. If you write to the collection agency to no longer contact you, for any reason or no reason at all, the collection agency will contact the creditor to confirm the debt, and recommend upon confirmation to seek legal action, obtain a judgment, and take your assets. Most likely. Keep in mind that you are not obligated to pay the collection agency by any law in any state. You are however obligated to pay the original creditor.
If after a bill goes to collection you pay the bill with the original creditor can the collection agency continue to report the debt and seek their fees in Texas?
Perhaps. Collection agencies are governed by state laws. You may be able to find out if they can take such action by consulting the creditor/debtor laws of your state. Sorry, but more specific information is not possible w/o knowing the state of residency.
Which government agency employs physical scientist and seek to understand and protect the earths environment?
Environmental Protection Agency in the US.
What is a letter of collection from a collections law firm?
A collection letter from a la firm is the same as a collection letter from any other debt collection agency. The Supreme Court has held that lawyers that participate in the collection of debts are considered "debt collectors" under the Fair Debt Collection Practices Act," and therefore must comply with all of its mandates. That means the correspondence you first receive from them must identify the creditor, the amount of the debt, and advise you of your right to dispute and seek validation ofthe debtwithin the 30 days following the receipt of the letter.
How do you become a New York State governor?
Qualify for the office, seek the office and win the election.
Where could a person buy junk silver?
A person can buy junk silver from a local recycling office. A person can also seek the services of specialized companies like Provident Metals and Coin Trackers.
How long will debtors seek collection of debts?
They won't. The debtor is the one who owes the debt.
How do you fire model 59?
Seek the services of a good gunsmith
What government agency employs physical scientist and seek to understand and protect the earths environment?
EPA
What government agency employs physical scientists and seek to understand and protect the earths environment?
EPA
What happens when you don't pay a collection agency?
If the person has made an agreement to render payment and then defaults, the agency will probably initiate legal proceedings. The majority of CA's are not attorney's and therefore cannot themselves enter into litigation. They usually refer the account to a collection attorney who will then file a lawsuit against the debtor. The lawsuit must be filed in the debtor's state of residency and the state statutes will apply to all legal procedures. There are however collection agencies/law firms who now have the ability to file for arbirtration, the debtor/consumer should be very cautious in either case and if possible seek legal counsel. If the agency feels the debtor is "judgment proof" they may return the account to the original creditor who will then decide to resubmit for collection or close the account as uncollectible debt. macky83@juno.com
