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Hi

While you deal with the collection agencies, some will try to force you on making payments. Some of these debts may not be even owed by you. In such situations, do not pay the debt assuming that you will get rid of the collectors if your make payments.

If you pay on any debt that you do not owe at all, you are acknowledging your responsibility to it.

Similarly, if you owe a debt, paying it off all of a sudden in order to escape collection calls will not erase the negative remarks in your file. There are ways to handle and notify the collectors about the various situations you might be in. companies doing illegal business will always attempt to coerce payment from you, but you should use your consumer rights in settling the matter and in proper manner.

Regards
Roxette

chryl · Posted: Sun Apr 15, 2007 7:56 pm Subject: credit card collection

i have made 75.00 month payments for 6 months on agreement with the collection co. they want me to take out a loan to pay it off, but this will put me further in financial debt. can they force me to do this? i would like to continue to make these monthly payments.

Posted: Sun Apr 15, 2007 8:01 pm Subject:

No they can't force you to take out a loan to pay it off in full. Tell them that the monthly payments are all that you can do now, and they are backing out of their agreement. Did you get anything in writing?

ys · Posted: Tue Sep 09, 2008 5:13 pm Subject: no late notice - sent to collections

2 years ago I received a bill for timeshare "special assessment". I called the resort with questions about the bill, they never returned my calls. No further bills or late notices were sent, I forgot about the bill. Now I've got a notice from a collection agency. Is this legal? I thought there was some legal requirement on notification of debt before an account could be sent to collections?