Collection Agency Question

Discussion in 'Credit Talk' started by myong, Mar 23, 2001.

  1. myong

    myong Active Member

    If I have an unpaid collection account for three years, and then make a small payment to them, does that start the sol all over again, even if I didn't actually set up an agreement to make payments on the account. On the letter that I usually receive, it has options on it that say

    Yes, I intend to pay. Please do not start a lawsuit.

    Payment in full enclosed.

    I well Pay on__________ (Date)

    I need to discuss this. My daytime phone is_________.

    If I checked off the first one, and sent them a small payment, does that mean I agreed to a contract of payments, and in the process, starting the sol all over again.

    I would appreciate any input, it's so hard to understand how things work with collection agency's

    Thanks
    Myong
     
  2. N'awlins

    N'awlins Guest

    Send a validation letter
     
  3. lbrown59

    lbrown59 Well-Known Member

    Collection Agency Question
    Author: Myong (---.tnt2.gardnerville.nv.da.uu.net)
    Date: 03-23-01 19:47

    If I have an unpaid collection account for three years, and then make a small payment to them, does that start the sol all over again, even if I didn't actually set up an agreement to make payments on the account.====YES



    On the letter that I usually receive, it has options on it that say

    Yes, I intend to pay. Please do not start a lawsuit.

    Payment in full enclosed.

    I well Pay on__________ (Date)

    I need to discuss this. My daytime phone is_________.

    If I checked off the first one, and sent them a small payment, does that mean I agreed to a contract of payments, and in the process, starting the sol all over again.=====Y E S

    I would appreciate any input, it's so hard to understand how things work with collection agency's

    Thanks
    Myong


    Reply To Message == URGENT - IMPORTANT ****Don't send them any money:
    Do send them a VAL.Letter . There are many exanples of these letters on this board"
    Do a search on the board for VALIDATION & YOU WILL FIND A LOT OF THEM""
     
  4. lbrown59

    lbrown59 Well-Known Member

    I would appreciate any input, it's so hard to understand how things work with collection agency's

    Thanks
    Myong


    Reply To Message == URGENT - IMPORTANT ****Don't send them any money:
    Do send them a VAL.Letter . There are many exanples of these letters on this board"
    Do a search on the board for VALIDATION & YOU WILL FIND A LOT on THEM =and how to use them!
     

Share This Page