I owe a local business and I let them know that I could only afford so much a month. The manager said no that it was unexceptable. Can I consider this bill payed in full. Someone told me this.
2007-03-05 07:59:28 · 13 answers · asked by mouse_0034 1 in Politics & Government ➔ Law & Ethics
Nope, you have to be in agreement with the creditor (business) that you will pay installments. However, most creditors would not be opposed to this as it makes it easier on you and allows them to eventually receive full payment. All you have to do is contact them and inform them of your inability to pay in full but this is how much I can afford monthly. I have heard, however, that in some states if you give them a check that has in writing, this is payment in full... and they cash that check then that could be considered payment in full.
2007-03-05 08:16:22 · answer #1 · answered by mac_attack_51 3 · 0⤊ 0⤋
Not at all, but keep a record of the attempts that you made to pay. It may help you down the line in possibly getting a payment plan together, because this will not go away until payment is made. You had an agreement with the business, and if you did not hold up your end of the deal by making payment in full as scheduled, the business owner has no obligation to change the perameters of the deal just because you can't afford the service, you should have considered that before purchase.
If you do not pay the business, I would expect to hear from the courts any day now.
2007-03-05 08:05:15 · answer #2 · answered by answerman 4 · 1⤊ 0⤋
No, it is not considered paid in full because you have not paid. He has not refused payment. He has refused to extend you credit and has demanded payment in full. There is nothing in the law that says anyone has to let you make payments. If you had offered him the full amount in cash and he refused to accept the money, then it would be considered refusing payment.
If the manager is not the owner, talk to the owner about making payments.
It is your responsibility to pay the whole amount. Put the money you would pay per month away in an account or borrow the money.
2007-03-05 08:12:57 · answer #3 · answered by David V 5 · 1⤊ 0⤋
No. A business is under no obligation to accept anything from you other than full and complete payment. The onus will be on them, but they have every right to sue you for failure to pay for (a contract/services rendered/goods delivered). You can't just arbitrarily decide that you will pay in installments. Can I just tell the phone company--oh, no, I can't pay $20 a month, I'll pay you $10 a month for now and catch up later. Can I tell my grocery clerk that I will pay in installments, and if they refuse, then I can just take the groceries for free? By the way, should the sue you, they may be able to collect interest and damages, and can certainly force you to pay their legal fees. Depending on the amount of money involved, they may also decide to press criminal charges. The only way that you can force them to accept installments is if you enter into some type of bankruptcy protection.
2007-03-05 08:04:47 · answer #4 · answered by Qwyrx 6 · 2⤊ 0⤋
Absolutely not. What you can consider is that you have breached the contract and that they can demand payment in full of the terms immediately.
You'd better find an attorney to help you out of this one.
2007-03-05 08:10:37 · answer #5 · answered by Starla_C 7 · 1⤊ 0⤋
No, in no way is that bill "paid in full" just because they refused your payment plans.
Prepare for a collection agency to call you sometime soon.
2007-03-05 08:01:52 · answer #6 · answered by Munya Says: DUH! 7 · 3⤊ 0⤋
Law maybe, ethicaly NEVER, you should discuss your payment plan and come up with one that is acceptable.
You owe the money, the only unacceptable thing is not paying: you could declare bankruptcy and get rid of the debt that way. (Dont get me started on ethics of bankruptcy...)
2007-03-05 08:05:17 · answer #7 · answered by Don't look too close! 4 · 0⤊ 0⤋
No, sorry. However, if you send partial payment checks, and the company refuses those, then you will be within your rights to consider it paid by the amount you sent.
2007-03-05 08:02:48 · answer #8 · answered by juicy_wishun 6 · 0⤊ 1⤋
Did you take their service or mechandise only "so much a month"?? If so, you can PAY like that, otherwise you owe ALL the money NOW.
No......It is NOT "payed" (sic) in full!
2007-03-05 08:03:19 · answer #9 · answered by Anonymous · 1⤊ 0⤋
No. Infact if they accepted a payment plan it stops them from putting it on your credit .
2007-03-05 08:02:06 · answer #10 · answered by Perrone76 1 · 2⤊ 0⤋