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You have the receipts of payment from a bill that a collection agency says you still owe what should you do?
Wiki User
∙ 14y ago
You should contact the office of your state attorney general consumer division. Inquire at that office how you should notify the collection agency that the debt was paid. Make certain to safeguard the receipts. You should make a couple of sets of copies and then keep the originals in a safe place.
Wiki User
∙ 14y ago
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Should i send a collection agency proof of payment of debt?
with out a doubt. you would want them to update your CRA.
Once the delinquent account has been turned over to a collection agency the physicians office should do what?
Once a delinquent account has been turned over to a collection agency, the physician's office should stop billing.
If a collection account was sold to another collection agency is it correct that they should both show up on your credit report as late payments?
When a collection agency sells your debt they no longer have any claim to your debt. It's like selling a car, once it is gone it is gone.
Compile the credit card receipts What should you do to the receipts?
You should keep them and match them with what you bought. After they match up you can throw them away if you wish.
What should you do about a debt that was charged off over 10 years ago and removed from your credit report but has now reappeared because it was bought by a new collection agency?
Under the FCRA (fair Credit Reporting Act) If a Creditor or collection agency cannot verify a debt they are not allowed to collect, contact you or report it. Violation of this act is a $1000 fine. There's no way for a collection agency to prove that you owe them money because there is only an assignment of debt and not a contract between you and the creditor. One loophole, if you signed an agreement wording "debtor agrees to be responsible for payment of this debt to creditor or it's assigns" then you will be responsible for paying it. A computer generated printout of debt is not enough for Proof of Debt Owed.
You owe 690.00 to a food vendor should you pay a collection agency?
No pay the vendor. If you pay the collection agency they will extract a fee from the payment and you will still owe the vendor
Should i send a collection agency proof of payment of debt?
with out a doubt. you would want them to update your CRA.
Is a collection agency obligated to remove debt from your credit report?
No! The only obligation of the collection agency regarding a debt is to accurately report the debt...i.e. balance outstanding, current status, and payment history. However, if you are paying or contemplating paying a collection agency, it would be wise to negotiate a positive outcome...i.e. the total removal of the account from your credit profile in exchange for payment. This should be negotiated prior to paying the collection agency and the agreement should be in writing.
How do you find out who you owe if the collection agencies keep selling the account?
When a consumer receives a notice from a collection agency requesting payment of a debt, the consumer should always present to the agency a written request for confirmation of the debt owed.
What do you do if an account was turned over to a collection agency but the original creditor accepted your payment in full?
Contact the original creditor. Provide proof of your payment. They need to retract the account from the collection agency. The account could have been sold to the collection agency or simply assigned to them. For your purposes, it does not matter which situation applies. You paid the original creditor and your credit report needs to reflect this. After they do what they need to do to get the account back; you then dispute the entries with all three credit bureaus. The original account should show as a paid collection and the other collection account should be removed from your credit report entirely.
Can the collection agency be sued for not providing validation of debt after it has been requested?
Anyone can be sued for anything. Whether you will win is another matter. If a collection agency demands a payment and cannot or will not provide proof that the debt is valid, it should not be paid. You might then have a case for harassment if they continue to demand payment without validating the debt.
Should you pay the company owed instead of collection agency?
This will depend on the creditor. You can try calling them and asking if they are willing to set up a payment arrangement with you.
Request to Cease Collection Activity?
Get StartedIf an identity thief purchases products on credit using your name and fails to make payment, you will likely have one or more collection agencies contacting you for payment. This letter should be used to inform the collection agency that you have been a victim of identity theft and that you should not be required to pay for the purchases. Send copies of proof that may be needed to show that identity theft has occurred.Note: You should contact the collection agency immediately and use this letter as a follow-up. However, if you choose not to call first, this letter can be used as a first contact with the collection agency. To learn more about consumer rights and general rules regarding debt collection, refer to the Fair Debt Collection Practices Act.
Can a collection agency sue you in Florida?
Yes, you can be sued over an outstanding debt. If you fear that you will be sued, you should call and set up a payment arrangement to cover the bill.
Collection agency is requesting payment that is not mine?
This would put a big red flag for me ... suspect stolen identity. You should be calling that agency toot sweet ... see what the debt is for and provide some proof that the debt is not yours.
Should you keep making payments on your payment plan if the collection agency keeps reporting you as delinquent?
Yes. The person can always challenge a negative entry on their credit report whereas ceasing payment would result in a default of the contract and leave the borrower/debtor open for collection action and/or a creditor lawsuit.
What percentage of the debt should repay collection agency?
50%
