Paying off Collections agency
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Paying off Collections agency
| Sat, 05-24-2008 - 8:16pm |
Hi everyone
Thank you to the so many who have responded to my last discussion.
| Sat, 05-24-2008 - 8:16pm |
Hi everyone
Thank you to the so many who have responded to my last discussion.
All you can do is ask the collection people if they can give you a settlement amount. Tell them you are able to borrow 10,000 and would they be willing to settle the account for that amount with a statement in writting that the account is paid in full. They may take it If not go a little higher until you get them to except that amount.
If the company is located in your town go there in person with a certified check for the amount. And ask them to give you a statement at that moment that the account is paid in full.
Collection company do lie all the time. Keep the receipt in a safe place because years later they may come back on you.
I wish you luck.
Mary Ann
Hi again
Thanks for your response!
I don't have any experience with this and wish I knew what to tell you.