This will depend on where you live.
Where I live the Creditor can put the debit into collections as many times as he likes as long as:
The easiest way to find out if you are in a debt collection process is when a debt recovery agency contact you or the creditor some times handle debt collection inhouse. Usually collection agencies send a demand letter but that depends after the creditor turn to collections their receivables
A purchase account holder recently discovered that the purchase account was billed multiple times for the same purchase. Prior to disputing, how should the account holder try to work out a resolution?
A purchase account holder recently discovered that the purchase account was billed multiple times for the same purchase. Prior to disputing, how should the account holder try to work out a resolution?
Most creditors will say no. What can be done: 1. the creditor can change the rating on the account if you have proof that it was paid on time with the borrower getting a letter stating that they did just that. Follow up with the 3 credit reporting companies to make sure this is done. 2. the creditor can start a whole new account--that will allow you to pay this one on time, giving you a 2nd chance. KEEP ANY LETTER YOU GET THAT CHANGES YOUR REPORT AS THE POSSIBILITY THAT YOU WILL NEED IT AGAIN IS VERY HIGH!!! On a charged off account, most corrections have to be done by hand--alot of times this is not done (for whatever reason) and your letter is the only proof of what was done.
The number of times interest is calculated for your account Total in your account Interest rate
AnswerOnce the account has been placed with a collection agency, it usually doesn't matter who you pay. Sometimes the bank will accept your $$, other times, they will refer you to the CA (agency).If the agency treated you in an abusive matter, then by all means report the behavior to the creditor and pay them dirrectly. A sympathetic ear in their office can get you a really good deal on settling.It matters, pay the creditor.
The easiest way to find out if you are in a debt collection process is when a debt recovery agency contact you or the creditor some times handle debt collection inhouse. Usually collection agencies send a demand letter but that depends after the creditor turn to collections their receivables
A purchase account holder recently discovered that the purchase account was billed multiple times for the same purchase. Prior to disputing, how should the account holder try to work out a resolution?
No, but it happens. This can be disputed before you pay any collection agency call me first to give you information about a free weekly conference call on credit repair and what protect you from these collections agencies.
A purchase account holder recently discovered that the purchase account was billed multiple times for the same purchase. Prior to disputing, how should the account holder try to work out a resolution?
You can't I've mailed them a million times to recover my account but nothing they thought I was using a multiple account but I wasn't it was just me and my twin sis sending stuff to each other!
Most creditors will say no. What can be done: 1. the creditor can change the rating on the account if you have proof that it was paid on time with the borrower getting a letter stating that they did just that. Follow up with the 3 credit reporting companies to make sure this is done. 2. the creditor can start a whole new account--that will allow you to pay this one on time, giving you a 2nd chance. KEEP ANY LETTER YOU GET THAT CHANGES YOUR REPORT AS THE POSSIBILITY THAT YOU WILL NEED IT AGAIN IS VERY HIGH!!! On a charged off account, most corrections have to be done by hand--alot of times this is not done (for whatever reason) and your letter is the only proof of what was done.
By the Fair Debt Collections Practices Act, debt collectors may call once per day and either speak to the debtor or leave a simple message. If the debtor requests or gives permission for the collector to call additional times, then more calls are permitted. Anything more is harassment.
There is no good sentence using the word creditor, unless that is how you make your living: That creditor keeps calling, no matter how many times I tell them that they have the wrong John Smith.
Yes. Multiple people may be onthe account but the name on the card is the owner of the card. If you are on the account but you bring in a card with someone else's name on it attached to that account, many times the bank will not accept it, even of you know the pin.
The first thing the garnishee should do is determine if it was a wrongful garnishment. In general garnishment writs can be renewed every thirty days. The purpose being the garnisher is legally allowed to recover all the monies owed even if it requires multiple garnishment action. The creditor/garnisher does not need to repeat the entire court procedure each time, but can refile the original garnishment order with the court and then activate it. If the order was for a single garnishment and the garnisher executed it multiple times, the garnisher and the bank/financial institution is in error and the funds seized should be reimbursed to the account holder/garnishee. However, to accomplish this the garnishee has to file suit with the court and provide documentation that such a thing occurred.
you have presed the brake. Multiple times.