Payment Arrangements

I have been fortunate in the fact that 3 of my PDL's have closed my account (the day of sending my letters by email), however, I had overpaid them. The ones that I actually owe money to have not responded yet, except for one, and they turned me over to collections yesterday, BEFORE I was even defaulted.

Unforunately it is different for each of them. Some will work with and some not. In your cease and desist letter state you will only communicate by us mail or email. Show them your state law and what you are required to pay offer payments you can handle. And then wait for their response.

I found the biggest help for me was to offer one lump sum to have them mark my account pif. I have done that with two of my ipdls and they were willing to accept the legal amounts...but I had to be able to get it to them by moneygram of western union within 24 hours. I was ONLY able to do that because I closed my bank account, opened another, and stopped them from taking all of my money. I worked them one at a time and stuck to the arrangements. I'm still broke but at least I know they are out of my hair. :-) If you can't offer to pay a negotiated settlement amount then offer what you can afford and send a good faith payment. Trust me...they are not going to refuse your money.

I have never heard of a PDL sending back a payment. Or a collection agency for that matter. Just be sure they credit you for it.