@Anonymous wrote:I currently have a collection from sprint for a cell phone bill of $1036. This included early termination fees, for the terrible service that I got. It says "Virtuoso CO" they can't force me into bankruptcy for this right? I mean having an account in collection has what reprecutions beside it affection your credit?
No.. they can't force you to BK. How old is the account? What is the DOFD of the TL? Is it with SOL? Shed some light on the situation but $1K in collections is no reason for BK.
July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge
Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
June 2017 update: All scores over 820, just pure gardening now.
Chiming in a bit late.....I would deal directly with Sprint...I too had a collection with Sprint, and I called Sprint directly made the payment directly to them and they sent me a letter stating the account was paid in full, and account in good standing and removed the TL from my reports.....Less than 1 month ago!!!!!
Starting Score: 7/12 545 EX (PSECU)If you go this route ask if they'll pull it back from the CA first. Otherwise the CA can still post the TL.
Edited because I clicked post before I typed anything. It's a morning thing.
July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge
Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
June 2017 update: All scores over 820, just pure gardening now.
I paid sprint directly after CA agency said they wanted to charge a $12.95 fee. It didn't take a week to have it removed
Agree they could sue, but that's a big "IF" depending on SOL.......Payment plans on an open account still wouldn't stop them from reporting deliquencies as well.
