How much to send collection agencies?

Question

There use to be a law that said, if you send a collection agency
a few dollars a month, they can not take action against you, because you are trying to get them paid off, does anyone know of such a law.

Answer 1

what it does is when you send a little bit of money they are more reluctant to take you to court to collect. reason is when the judge sees that you are trying to pay and are making an effort pay paying here and there, the judge will side with you and order for another payment schedule. The other is the collection agency will more likely be willing to settle at a lower cost...a MUCH lower cost.

Answer 2

I've heard of that before but don't know the exact amount. I think it is based on the amount of the debt. You should pose that question to an attorney before making any decisions. Contact me please when you find out the amount. I actually used to work for a collections company and that just never came up. But I do know a few legal tricks to get the company off your back for a minute and avoid wage garnishments.

Answer 3

I've heard of that as well, it is true. But, the collection agency will say just about anything to you to try to get you to pay it off right away. They do use scare tactics, just remember that is all it is, they are trying to scare you. As long as you are paying something it shows you are trying to make an attempt.

Answer 4

You evidently admitted "some stains were made by technique of me." This on my own is sufficient to cost for the carpet cleansing. in spite of everything, if the carpets were wiped clean formerly you moved in, then you definately are to blame for cleansing them once you flow out. in the adventure that that they had charged you to interchange the carpet because of the drain difficulty, then you definately've gotten a case. inspite of the undeniable fact that, do you've any pictures of the damage and tear? If no longer, then it is your be conscious adversarial on your landlord's, and s/he might want to easily about actually win. That being reported, $2 hundred in damages for a three hundred and sixty 5 days is totally functional. they could actually deliver you to a collections organisation for $35 and sue you, in the adventure that they decide on. in the adventure that they promote the debt to a collections organisation, it is going to accrue interest even as you spend a touch longer being obdurate, which signifies that $35 bill might want to finally end up costing $one hundred+ in a rather couple of minutes. it truly is on your suited interest to pay them. $35 isn't even a tank of gas. Your probabilities of prevailing in court are 0. merely pay now formerly you're compelled to pay it, plus your and your landlord's criminal expenditures (truthfully some hundred funds).

Answer 5

if you are really trying to get it paid off, call them and set up a payment plan. you set the amount you can pay each month until it gets paid off. and make sure you have something from them in writing that says that they will remove anything on your credit report after the debt is paid....before you pay anything. i know from experience that after it's paid, they forget any promises that were made.

Answer 6

It used to be you could send them as little as $5.00 a month.

However, I think now it's $20.

You'd just have to consult the FDCPA (fair debt collection practices act) and see if it can give you any guidelines...I think you can look them up online.

Answer 7

depend on what state you in, and if they allow it
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