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 Posted: Sun Jun 04, 2006 11:57 am Subject: Sending Final Payment to CA question |
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Informational purposes only at this point. If I or anyone settles with a CA and agress to send payment in via Check, Money Order, Certified check etc. What should be stamped or written on the payment so that they have to honor the agreement that was in writing or whatever.
One time I saw a site that had a nice stamp to use but that was a year or so ago.
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Billyknep
Joined: 23 May 2006
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| Posted: Sun Jun 04, 2006 12:06 pm Subject: |
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You could simply write in the memo line
FINAL PAYMENT RESULTING IN ZERO BALANCE, PER AGREEMENT.
I would also make sure you have a letter stating that you only have to make that last payment of ...., for your records.
Regards-
Mike
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Teleport
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| Posted: Sun Jun 04, 2006 12:20 pm Subject: |
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I would not send the payment until Ihad a letter from the CA stating they agree to the terms and payment. when I send the payment, I would send a Money order or Cashiers Check only, and send it CMRR or Priority Mail with Delivery Confirmation. Also overnight or next day with FedEx or UPS is acceptable.
_________________
Experience is something you don't get until just after you need it.
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LCW
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| Posted: Sun Jun 04, 2006 12:32 pm Subject: |
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Yes, I am just preparing if/when the time comes. I will not do anything with it in writing.
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Billyknep
Joined: 23 May 2006
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| Posted: Mon Jun 05, 2006 4:23 am Subject: |
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If paying by check contact the company within 30 days so that you can request a zero balance letter. This is an important letter. You will need to keep it for 7 years.
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FYI
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