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If your account has gone through the hands of many collection agencies does it matter if the last agency does not report something on your credit?
Wiki User
∙ 8y ago
No. The damage was done as soon as the debt was defaulted on. It is common to have accounts taken over by various ca's.
Wiki User
∙ 8y ago
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Do collection agencies have the right to freeze your checking account without going to court for a credit card debt of over 10K on the original credit card?
Collection agencies cannot do anything but attempt to collect the debt -- via phone calls mostly which is a pain, but you don't have to talk to them. They can, with the permission of the original creditor, turn the account over to an attorney. The attorney must follow due process through the court system. Only through due process can assets be siezed or liquidated to satisfy debts. The exception is the IRS. They do pretty much what they will, so pay your income taxes when due. The IRS can seize your checking account in a New York minute. Typically state owed taxes, court ordered child support, or any previous court ordered judgment require an order to attach wages or access your checking account.
How do you create a Payflow account?
You can create a Payflow account through Paypal. You can create a Payflow account through Ebay if you already accept credit cards through your internet merchant account.
Your pay was garnished can you deduct the amount from your taxes?
NO! The fact that something was paid through a collection action doesn't make it deductible...or not taxable...it doesn't change what it is. They are garnishing your INCOME, so it is subject to Income Tax.
Where can one find information on business debt collection?
One can find information on business debt collection in online articles and guides on business debt collection. In addition, one can find more information on business debt collection through one's peers.
What is realisation account?
When company goes to liquidation process then realization account is created which is a temporary account and all assets and lialibilities are realized through this account and after realization there may be surplus or defeciancy in realization account.
How many collection agencies in New York City?
An approach to find Collection Agencies in the city of New York, is find them through Collection Industry Member list. Like; CLLA, ACA International, etc.
Can debt collection agencies sue in North Carolina?
This is a misnomer. When an account is sent to debt collections, the collection agency does not typically own it. They are simply acting on the part of the lender or creditor. When judgment is sought on a bad debt, it is the lender who is suing. They are perhaps doing so through the collection agency and the lawyer they have under contract, but it is not the collection agency who is suing.
What collection agency does Comcast go through?
I believe its Eastern Account Systems
Can collection agency put a lien on your bank account in sc?
It is possible for the collection agency to put a lien on your bank account. Before they can do this, they must go through the proper procedures first.
How do i find out who the original debt is owed to if two colection agencies are trying to collect?
Ask the collection agencies. They have to reveal who the debt was incurred through, The real question is why are there TWO agencies collecting the same debt? Be sure that there aren't two separate amounts owed to the original creditor.
Do collection agencies have the right to freeze your checking account without going to court for a credit card debt of over 10K on the original credit card?
Collection agencies cannot do anything but attempt to collect the debt -- via phone calls mostly which is a pain, but you don't have to talk to them. They can, with the permission of the original creditor, turn the account over to an attorney. The attorney must follow due process through the court system. Only through due process can assets be siezed or liquidated to satisfy debts. The exception is the IRS. They do pretty much what they will, so pay your income taxes when due. The IRS can seize your checking account in a New York minute. Typically state owed taxes, court ordered child support, or any previous court ordered judgment require an order to attach wages or access your checking account.
What are collection agencys?
A Collection Agency pursues payments of debts on behalf of their clients. It can be categorized by Collection Agencies for Consumer and Commercial.Consumer is when a Lender provides credit for services or products to a Consumer, and when this accounts fail to pay, then the lender may use to collect the debt through a Collection Agency.Commercial is the same concept but collecting debt from business to another business, this is known as Commercial Collection Agency
Can the collection agency touch your bank account if your student loan is in default?
A collection agency can only touch a bank account if you either give them permission or they have a court order. In order to get a court order they have to go through the full legal process including trial. The Student Loan on the other hand, like the IRS, does not have to go through the legal process.
What do Collecting Agencies do?
Collection Agencies collect debts people owe to places like a bank. They will normally call you or send letters, reminding you of the debt. If they go through the proper legal channels they can do much more. Also they are allowed to negotiate with the debtor to retrieve some portion of the debt.
Is it worth it to pay off an old credit card debt from 5 years ago or should the 7-year mark just take care of it and are there benefits either way?
This subject is a real catch 22. You may be able to slide out clean with the account just disapearing from your cbr however, if the account has been through multiple collection agencies with out success of collecting the money owed another c.a or attoney's office may purchase the account and place a new tradeline on your credit which will show up as a collection agency with the same balance that the credit card was or place a civil judgment on the public records section on the cbr which is even worse.
If you paid a credit card bill online directly through your bank account and it was returned NSF by the bank will this affect your credit and how bad?
Not unless the account went uppaid and the bank sent it to a collection agent. Vote on our videos at www.wowifixedmycredit.com
Imported user accounts can be managed through what applet?
A user account refers to a collection of information that tells Windows which files and folders can be accessed. Imported user accounts can be managed through a user accounts applet.
