Is it possible to stop a payment with a CA???

Well you got the rules right, but maybe a little too late since you already gave them your bank info.

The first thing you should do is send them a written statement that they no longer have permission to access your bank account. Send it certified, with return receipt.

I'd say give a copy of that letter to your bank as well, and tell the bank to block any ACH's from that company. Unfortunately, I think the bank may charge you a stop payment fee to do that.

I think that if the CA tries to take money after you do this, then you could file complaints against them.

Did you sign a consent form to let them debit your account every month? Or did you send them a bunch of post dated checks?

The Electronic Funds Transfer Act allows you to revoke electronic debits...if that is what is happening.

Thank you. You think I'll get hit with a stop payment each month they try to send it in? (assuming they try even with the mailings, etc.)

THANKS.

Oh - that's easy. I signed nothing and mailed nothing. They simply took the account and routing numbers. I'm feeling this may be good for me??? (easier to stop?)

So they really have no authorization at all! Other than verbal....which wouldnt hold up.

As DC recommended, get that letter out to them and a copy to your bank. Ask for a debit block against united recovery systems or whatever name they are using to debit the account...look back on your bank statements.

FABULOUS!

This site has been wonderful for an otherwise miserable situation I have gotten myself into.

THANK YOU!

You can cancel your arrangements at anytime just call them up and tell them that you want to cancel your arrangements. I'm sure they will press you to keep them and say the balance is due and so on. As long as you hold to your decision then it should work out. Be aware though that collection agencies are not required to accept arrangements at all as it is their job to collect the balance in full upon default.

Also verbal does hold especially if they go through the trouble of having the arrangements verified which can consist of a second party silent monitoring the information or having a 3rd part enter the conversation to confirm the information.

Question, why would you pay for something if you weren't sure what it was for? Didn't the rep tell you want the debt was?

For ongoing ACH drafts from a bank checking account, there really should be written consent...having it all in writing, including the revokation, puts you in compliance with the revokation process under the EFTA.