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If the full settlement amount offered is paid in full by the debtor, the debt is considered paid. When entering into a settlement of a debt the debtor should obtain all the pertinent data in writing and not agree to anything unless he or she understands the agreement in full.
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∙ 14y ago
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Does a debt collector have to send you a monthly bill?
A debt collector works for a collection agency. If the angency owns the debt then you can request statements. A collection agency will send you a paid or settled un full letter. They are not a billing agency.
What is the duration of The Debt Collector?
The duration of The Debt Collector is 1.82 hours.
When was The Debt Collector created?
The Debt Collector was created on 1999-06-25.
When was The Debt Collector - novel - created?
The Debt Collector - novel - was created in 2007.
I settled a debt for less than owed now I am being contacted by a debt collector for the remaining amount but original company won't send a confirmation that the debt was settled-what can I do?
You need to contact a lawyer right away. Mention to the initial company that if they do not provide proof of payment and a letter showing that the debt was settled that you will initiate a law suit against them. If they told you verbally that this is what was going to happen then you may still have to pay the amount. For more information on mortgages go to www.lowmortgageraterefinance.us
If one collection agency buys your debt and charges interest and then sells it to another debt collector can that new debt collector collect on the old interest?
Yes. The new debt collector bought the entire debt, including interest that was added on. You will be responsible for the entire debt.
How can you avoid debt collector's harassment?
To avoid debt's collector harassment, it is important to settle your debts in time.
Can a debt collector call police to collect a debt?
No.
If neither the original creditor nor the debt collector has your Social Security number can the debt collector use some means find your number and attach it to the debt?
Yes. There are hundreds of databases available to a debt collector where they could find your SSN.
What is the ISBN of The Debt Collector novel?
The ISBN of The Debt Collector - novel - is 978-1-59705-856-8.
What may debt collectors do?
can a debt collector come to your house to collect a debt
Is a debt collector job a good career?
There is no special education, or sklls to be a debt collector. However, you would have to be of certain character to be an effective debt collector. You must not be too sensitive, and have good communication skills.
