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collection agency

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PostPosted: Wed May 28, 2008 7:54 pm Subject: collection agency

Can an collection agency refuse payment on a debt that is owed? I offered to pay 50.00 a month and was told they can take no less than 200.00a month. What does the law in Mississippi say about repaying a debt.
sharon_hampton42



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PostPosted: Thu May 29, 2008 1:46 am Subject:

I am giving the legal aspects of Mississippi Collection Laws. Please check it out.



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PostPosted: Thu May 29, 2008 5:06 pm Subject:

If you mail it in, I doubt that they would return it.
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PostPosted: Thu May 29, 2008 6:30 pm Subject:

Hi sharon, I agree with Morningstar, but if I were you, I would only send payments by way of money orders. I wouldn't send them a check if I were you, don't let them have any information pertaining to your personal account. May I ask you something, did you have this debt validated?
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PostPosted: Fri May 30, 2008 7:05 am Subject:

Mississippi has a statute of repose on consumer debt. What this means if sol has expired,the debt is obsolete & cannot be collected ever.The first question to answer is the age of the account.
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http://www.ftc.gov/os/statutes/fdcpa/fdcpact.htm#809
http://www.ftc.gov/os/statutes/fcrajump.shtm
http://www.debtconsolidationcare.com/forums/about216.html
Use this letter to protect your rights under the FDCPA
myfairdebt.com & myfaircredit.com-Good source of case law in forums.
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