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What else can I help you with?
Do you still need to pay a company if you are paying a collection agency for the charged off debt?
No, as they are the legal agent of the original Creditor and the arrangements made with the collection agency are binding on the original Creditor.
Can the collection agency freeze your bank acct in Fla?
No. A collection agency can not freeze your bank account. Only a judge could do that.
If a second collection agency takes over a unpaid debt can they have that collection put on your report?
Yes the second collection will be placed on the credit report. But they will remove the first collection agency off the report. In some states it is against the law to be double billed by two collection agency for the same debt.
What if a collection agency is trying to collect a debt that is in dispute?
Paying a collection agency may not be the best way to repair your credit or protect your privacy. There are situation that you may find your self in and have to pay a collection agency to to accomplish a short term goal such as buying or refinancing a home. If you are just in general collection agency hell then paying may do you more harm than good. While I would NEVER PAY A COLLECTION AGENCY. How you wish to handle your individual situation is a personal choice. If you do need to pay them off make sure you do it in a way to not cost you future heart ache and pain...
If you settle an old credit card debt with a collection agency paying the negotiated price in full will the collection agency remove the collection from your credit report?
No the collection will not be removed from the credit report. They will show it paid in full.
Can debt collection agencies sue in North Carolina?
This is a misnomer. When an account is sent to debt collections, the collection agency does not typically own it. They are simply acting on the part of the lender or creditor. When judgment is sought on a bad debt, it is the lender who is suing. They are perhaps doing so through the collection agency and the lawyer they have under contract, but it is not the collection agency who is suing.
Do you need a commercial collection agency license in Connecticut?
No
If a collection agency is suing you can they send you notice through the regular postal service or do they have to serve you the papers?
Depending on state statutes, a notice/summons can be sent via registered mail.
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.
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.
Where do you find a collection agency?
Looking for a Collection Agency, involves to know what type of debt collection service is need it. For Commercial Collections or Consumer Collections it can be found on sites that regulate the collection industry like:The Commercial Law League of America ('CLLA'),ACA InternationalAlso is very important when you choose a Collection Agency look for an agency that is familiar with the collection laws on the state that apply the bad account.
If a creditor uses a collection agency to collect on a debt do you still have to receive some kind of statement?
No. The collection agency will validate the amount for you if need be, but the creditor no longer owes you the courtesy of a statement.
Do you still need to pay a company if you are paying a collection agency for the charged off debt?
No, as they are the legal agent of the original Creditor and the arrangements made with the collection agency are binding on the original Creditor.
Can a collection agency take money from you without a court order?
No, they need a judgement. Otherwise, they need your permission.
If being sued from a collection agency can you present to the judge you would like to buy the account at what the collection agency pay for?
You can propose anything in court. The amount the collection agency is suing for may or may not include excessive fees and interest. If your position is well-argued, you may do well. However, if it is not...you will always suffer the consequences. Remember, you will be the only one in court that day that doesn't know what you are doing. Everyone else does it, every day, for their job. If it is a considerable amount of money ALWAYS get a lawyer.
How are work commercial collection agency?
The commercial collection agency is used in debt collection in the event a debtor fails to.
