When dealing with a bill collector and they agree to work out a deal by cutting the debt in half and you ask them to put it in writing and fax the agreement to you....and they say, that they will do that after you first make an initial payment just so that they know you are serious about clearing up the debt. What is the proper legal way to handle this sort of agreement without getting screwed? What if i make the first payment with out getting it in writing and then they say there was never a verbal agreement to cut the debt in half.Answer Question
Asked by Anonymous at 11:21 AM on Aug. 20, 2010 in Money & Work
Answer by matthewscandi at 11:25 AM on Aug. 20, 2010
Answer by vbruno at 11:27 AM on Aug. 20, 2010
Get everything in writing and DO NOT give them access to your accounts for automatic withdrawals.
Answer by MomToBeISaMom at 11:35 AM on Aug. 20, 2010
Answer by coder_chick at 11:41 AM on Aug. 20, 2010
And honestly, I NEVER give credit card or bank information to ANYONE that CALLS ME (they initiate the call).
If they are a debt collector, they already have your info, all of it. Even the lastest tax assessment of your house.
Answer by Anonymous at 12:09 PM on Aug. 20, 2010
Answer by MyAngel003 at 12:09 PM on Aug. 20, 2010
Answer by Erica_Smerica at 2:09 PM on Aug. 20, 2010
Answer by coder_chick at 6:22 PM on Aug. 20, 2010
Answer by newathis918 at 7:05 PM on Aug. 20, 2010