Often delinquent accounts are passed back and forth between the original creditor and a several different collection agencies. In some instances the account is sold for literally pennies on the dollar to a third party collector who will continue collection procedures or refer the account to a collections attorney for litigation. A few creditors such as Capital One have in-house collection agents, work with a collections law firm and seldom sell accounts or refer them to an outside agency. Many creditors are begining to use law firms such as Mann-Bracken who are licensed to enter into binding arbitration procedures. If the debtor's circumstances are such that it is likely the debt cannot be recovered then the debt will be cancelled and a specified percentage of the debt will be subject to federal taxation. All delinquent accounts, charge offs, collection entries and so forth are very damaging to a person's credit score.
No, if the OC accepted your payment then it's case closed
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.
The original account with a normal credit company went to a third party collection agency. Only after it went to the collection agency was the debt paid and then the account closed.
No the collection will not be removed from the credit report. They will show it paid in full.
Don't let a collection agency push you around. As a consumer you have many rights. The best places for anyone to exercise their rights are in small claims courts. For less than $100 you can bring a collection agency to their knees.
If the bill was late enough to be sent to a collection agency, the collection of that bill has been turned over to that collection agency as well.
if a collection agency isn't paid, the debt can be put on a persons credit report. The collection agency can also choose to garnish a persons paycheck.
No, if the OC accepted your payment then it's case closed
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.
Any unpaid medical bill will remain your responsibility until it is paid in full. If you don't have insurance to pay the bill for you, then you will need to pay the bill. You can be turned over to a collection agency if the bill is not paid. Either the provider or the collection agency will work out a payment plan with you. The easiest way is to call them and let them know how much $$ per month you can afford to send until the bill is paid off.
Usually the collection agency won't take it off until the bill is paid in full.
You get a letter from the paid collection agency and send it as proof of payment to the new agency. In the mean time, you call the new agency and dispute the claim of debt. If they receive the letter and still harrass you, then you have the right to sue and turn their neames over to the BBB. This is only if you paid in full. If you settled, then the next agency can try to get the unpaid amount. Remember, there is a 4 year period on medical bills. After that, they can't collect, unless the hospital revitalized your account.
The original account with a normal credit company went to a third party collection agency. Only after it went to the collection agency was the debt paid and then the account closed.
He can send your bill to a collection agency and irregardless of whether you won the law suit or not, you still owe the money for the doctors visit.
No the collection will not be removed from the credit report. They will show it paid in full.
If they've sold your case to a collection agency, they have been "paid" for your debt with the money the collection agency gave them for your case, so, no, they can't legally sue you - as far as I know.
Before communicating any more with the collection agency, check with the insurance company to see what happened in that case, and/or with the original company they claim you owe. Most companies would have charged off the bill by now, and you owe nothing. The collection agency may have bought the deal for cents on the dollar and the money they collect doesn't go to the original vendor. It won't do you any good to pay this collection agency, since it starts up the payments again. If they continue to threaten, you have rights. Tell them to send you a bill in writing and to stop calling.