topic Re: when settling........ in Rebuilding Your Credit

when settling........

Anonymous — Sun, 16 Sep 2012 21:40:55 GMT

is there ANY way you can be sure &/or try to prevent a collection agency from selling your debt to someone else after you've already paid a settled amount with them?

Re: when settling........

ah12345 — Sun, 16 Sep 2012 22:05:22 GMT

If you payed a collection try to get them to send you a confirmation that the account has been paid if another collection tries to collect on it you have proof that it was already paid and shouldn't have a problem getting it removed. Hope this helps

Re: when settling........

XxRaVeNxX — Sun, 16 Sep 2012 22:32:30 GMT

Not from I read...I was told, they can sell and attempt to collect the amount that you didn't pay...which is one reason, why people shouldn't settle accounts and pay in full...

Re: when settling........

Shogun — Mon, 17 Sep 2012 06:09:37 GMT

If they send you confirmation that the account will be fulfilled to terms, they can't come back after the remaining amounts.

Re: when settling........

Anonymous — Mon, 17 Sep 2012 06:38:18 GMT

@Shogun wrote:
If they send you confirmation that the account will be fulfilled to terms, they can't come back after the remaining amounts.

Re: when settling........

LIGHTNIN — Tue, 18 Sep 2012 07:46:03 GMT

@Anonymous wrote:
is there ANY way you can be sure &/or try to prevent a collection agency from selling your debt to someone else after you've already paid a settled amount with them?

IME, I asked for a letter that stated our agreement and to included the words ....debt settled/considered Paid in Full.

Re: when settling........

Anonymous — Fri, 05 Oct 2012 09:10:15 GMT

thanks everyone..............