he tried to make it sound like he wouldn't accept payments but never really said yes or no. though he did give me an address but he didn't tell me who to make the money order out to. thanks for the help
2006-09-26 20:56:13 · 8 answers · asked by Angela E 1 in Business & Finance ➔ Personal Finance
here you'll find a few comprehensive sites that explain debts quite nicely.
http://credit-cards.ebookorama.com
http://finance.ebookorama.com
http://credit.ebookorama.com
http://credit-repair.ebookorama.com
if you get any luck please don't forget about me lol, hope it helped you!
2006-09-29 12:32:40 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I have always heard that if you are making payments in good faith then they cannot refuse it. If they insist on refusing payment get it in writing. You can also insist that all communications come via the US mail that way. If they ask why tell them that you suffer from an anxiety disorder and that the phonecalls aggrivate this condition and can send you into a crisis and you would be a danger to yourself and others. By law they have to comply with this request once you are communicating via mail send them a letter, return reciept requested that you want to make payment. Keep copies. If they refuse and they probably wont being that it will be in writing you will have a record of it. Keep pushing the payment issue. Eventually it will go to court and you bring in their refusal to accept payment and the judge will side with you.
2006-09-26 21:09:29 · answer #2 · answered by Anonymous · 0⤊ 0⤋
They can refuse to take payments if the payments are so small that it will drag out for years.
"Never" make an agreement to either make payments or pay in full on an account over the phone !!!!
"Never" make an agreement with a collection agency without first sending a debt validation letter and after they validate, a pay for delete letter.
Always send your letters certified mail return receipt.
You might go to the site I've listed and start by reading in the newbie forum and then in the credit forum. Learn your rights, your SOL, what should go in a validation letter, what they should send for validation, what should go in a pay for delete letter etc etc etc.
2006-09-26 21:31:43 · answer #3 · answered by echo 7 · 0⤊ 0⤋
Echo is correct.
Follow her advice. All I can add is if the collector refuses to accept "reasonable" payments, then send him a letter. In it, spell out your payment plan. For example, if you owe $2000, offer $150 a month 14 months. If he refuses, and you truely can not afford to pay off this debt all at once, then you will have to just wait for them to sue you.
Note that in many states, the judge has the ability to order installment payments. They may just order the $150 payments.
I was in court recently and someone had a similar situation. Not only were the payments ordered, but the judge blasted the collection agent for being so unreasonable....plus denied the court costs to him. Another time the defendant was granted $5 a month because the creditor was such a jerk.
No guarantees on what will happen to you, but it will help to have a copy of your offer plus a rejection letter from the creditor.
2006-09-27 05:25:06 · answer #4 · answered by Anonymous · 1⤊ 3⤋
Harassment is illegal. So is misrepresentation when it comes to your rights. In this case I'd say pay the Federal Trade Comission site a visit and read up on exactly what rights you have regarding credit as a consumer. Then if need be you can also ask for assistance there.
2006-09-26 21:06:06 · answer #5 · answered by Matthew 2 · 0⤊ 0⤋
Debt creditors are bottom feeding scum. in the experience that they are not prepared to settle the debt, then they are operating a scam. They probable were given your call off a itemizing, and attempt to get you to pay them, and then they run off consisting of your money. tell them to deliver you the paper paintings. in the experience that they don't, then educate them to end calling you or you'll press costs. without something in writing it isn't legal. lead them to instruct you even owe something. To summarize: they are LIARS. If reality, list them to the legal professional ordinary's workplace. no one can garnish your wages without going to courtroom.
2016-11-24 21:48:12 · answer #6 · answered by ? 3 · 0⤊ 0⤋
collecters are supposed to intimidate you. try calling again to see if you talk to another person. maybe that will help. also, dont let them talk you down. just say firmly that you want to set up a payment plan.
2006-09-26 21:01:14 · answer #7 · answered by LIL' DEVIL 2 · 0⤊ 0⤋
he can't reject payments unless it bounces
2006-09-26 21:04:49 · answer #8 · answered by ruth 2 · 0⤊ 0⤋