Questions tagged [collections]

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36 votes
4 answers
10k views

If a debt collection company refuses full payment is the debt still valid?

I was charged on a closed account for a service I never received. It is only a couple hundred dollars. I never paid it because it was not a valid debt. I am trying to fix my credit. I called up the ...
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  • 513
1 vote
4 answers
452 views

Why don't companies just print more of valuable items?

I just had somebody show off her Pokémon card collection. One of the cards is worth a lot of money now for some reason. Why doesn't Pokémon, Inc. just print more of that particular card? Do they have ...
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  • 21
2 votes
1 answer
196 views

I received an invoice with a due date in the past, is it valid?

I recently received an invoice from a company requesting immediate payment. The due date on the invoice was before the issue date of the invoice and I received the invoice around 10 days after that ...
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  • 121
8 votes
4 answers
559 views

Can collections agency actually remove debt from credit report or are they just lying?

I recently ran my credit score and discovered that unbeknownst to me there was evidently a $60 medical co-pay from last year that I never paid (they sent the bill to an old address and due to it being ...
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  • 81
2 votes
2 answers
404 views

How do I keep a $20 bill that went to collections off my credit report?

Over 6 months ago I went to an Urgent care facility. I checked that this provider was in-network before going, and paid the copay before I was seen. I received a basic medical exam, did not receive ...
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  • 251
45 votes
7 answers
13k views

Medical provider is threatening to send me to collections over a debt I do not owe

I received counseling services in May 2019 and paid the full amount owed. A few months later I received a bill for these services. I have called the billing agency and the counseling service multiple ...
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  • 1,736
2 votes
2 answers
76 views

Is there a prescription/stipulated time for an invoice to be collected?

Is there a time frame to collect an invoice? I have a client I need to collect a bill from. They are always making excuses. Do I have a time frame to collect the bill? Does the debt have a ...
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  • 21
11 votes
3 answers
2k views

Original creditor forwarding payments to collection agency

In 2017 I had back surgery performed at an orthopedic specialist surgery center. During the billing process I set up auto-draft for all of the bills so that I would not have to worry about missing a ...
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  • 247
2 votes
1 answer
250 views

How to deal with wireless company that sends bills after I have cancelled

At the end of last year, I decided to leave AT&T wireless and cancel my service with them. I transferred a number to the new carrier and gave up two others. At this time, I became unable to log ...
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  • 3,419
-1 votes
1 answer
561 views

Calaculating Quartely cash collections [closed]

Sorry if this is the wrong place for this financial concept question, it's about the cash budget. Accounts receivables at the beginning of the year are $345. The company has a 60 day collection ...
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  • 1
7 votes
1 answer
2k views

Collections calling thanks to BioLife. Is this a scam?

My father just received a phone call from collections saying he owes $650 for a product he purchased in 2015. We thought it was a scam call at first but they seemed to have his personal information ...
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  • 173
4 votes
1 answer
147 views

Debt sent to collections while still attempting to solve with vendor

In California, can personal debt be sent to collections while you are still engaging in a potential resolution with the vendor? Example: communication with the vendor towards a solution is moving, ...
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  • 143
2 votes
1 answer
215 views

Medical collection for parents - will it affect me?

My parents were visiting the US from Europe and they had some sort of travel insurance. During their visit, my dad had a fall and was taken to the ER; thankfully nothing was wrong and he was released ...
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  • 499
1 vote
0 answers
40 views

Do administrative wage garnishments for nontax debts count as judgments or other public records for the purposes of the three credit bureaus?

When I was in my late teens, I made some bad choices. Most notably, I was on SSI, which the government retroactively decided I was not eligible for. They put the debt on my credit report, some years ...
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0 votes
2 answers
205 views

Do all collections accounts show up on a credit report?

When running credit reports for potential tenants, I sometimes see accounts which are closed and charged off as a "profit and loss write-off". I also sometimes see collection accounts. That being ...
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  • 155
15 votes
1 answer
625 views

How was someone able to open an account?

A while back I was surprised to see a collections account go onto my credit report for an unpaid amount of a few hundred dollars. I immediately believed it to be a mistake since I had never heard of ...
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  • 397
29 votes
2 answers
11k views

Wife sent to collections for ticket she paid ten years ago

My wife got a ticket 10 years in Nevada. She paid that ticket, but doesn't have any record of it; we've moved a lot in the last ten years and switched banks several times. We got a bill from the ...
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9 votes
3 answers
125k views

Is Credence Resource Management a scam?

I've been receiving a lot of calls from a debt collector called Credence Resource Management. These calls are coming from a call center in India. It seems like this is a scam company. I did some ...
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  • 171
-2 votes
3 answers
365 views

What incentive one has to pay a medical bill in this situation?

I was talking to a friend over the weekend and he told me that some states in the United States don't allow unpaid medical bills to be reported in the person's credit report. If that were true than ...
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1 vote
2 answers
164 views

On a debt collection agency's letter, what does "balance" refer to?

What does the term balance refer to on a letter from a debt collection agency? Is this the money that is owed or is this the money available to pay off this debt?
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3 votes
3 answers
359 views

Credit Score, Collection from 1 year ago, have not lived in america for 4 years

I used to live in America for 2 years, but i moved back to my home country in December 2012, i will however will be moving back to American next month. I checked my credit score (story behind why in ...
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3 votes
3 answers
338 views

Was this bill forgotten by a medical provider, and do notices need to be sent before collections?

6+ months ago I attended this physical therapy place for 4, 1 hour visits that were billed at 600$ each. I realized they were out-of-network and switched places. Checking my records I realized I paid ...
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  • 139
3 votes
3 answers
193 views

Could my credit ratings have been hurt even if I use a virtual credit card?

I had subscribed to NY Times during an introductory offer with a Virtual Shopsafe credit card. I didn't increase the limit on my credit card and after the first month, my subscription became ...
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  • 469
6 votes
2 answers
481 views

Medical bill in collections

I am a college student that had surgery in 2014 on my gallbladder and subsequently became very ill and needed a necessary test to prove a a diagnosis my gastroenterologist suspected. He recommended ...
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10 votes
1 answer
448 views

Might it make sense not to look into debt that is in collections?

I happened to glance at my credit report and one of the agencies shows that I have a debt of just over $100 in collections. It appears to be from an emergency room in a previous state (I moved about 6 ...
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  • 14.8k
4 votes
3 answers
387 views

How do I deal with a mistaken attempt to collect a debt from me that is owed by someone else?

A close friend got a call from someone unknown asking for her current address. She wisely refused, and after some go around they said they had bought a past due payday loan that she was responsible ...
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  • 74.9k
6 votes
1 answer
664 views

Will I see a collection on my credit report if I paid the bill in full?

I received a call from a collections agency a couple of days ago about an unsettled bill of $200. Turns out that during my grad school days (over 7 years ago), we used a water delivery service and I ...
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  • 499
3 votes
2 answers
779 views

What steps can an independent contractor take to force a company to send him his last payment?

Say a person worked as an independent contractor at firm X. Firm X is in New Jersey; he worked remotely in New York. After 7 and a half months of work he decided to end the project--a 4 days notice ...
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  • 341
5 votes
3 answers
53k views

How much time does a doctor's office have to collect balance from me?

Today I went to my old dentist and they told me I owe them $350 from from several visits three years ago (I switched to a different dentist for the past 3 years before switching back today). When I ...
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4 votes
3 answers
4k views

How do collection agencies work

I wanted to understand how companies decide to send accounts of customers to collections and then, how the collection agencies settle. My understanding was that in any company, that has receivables, ...
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5 votes
2 answers
460 views

How would a collection against me affect my credit

I went to a new city two weeks ago and rented a 2011 Civic in the meantime. On the last week of the rental, someone hit my car in the front bumper in a parking lot. The damage was a 2 by 3 inch dent ...
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10 votes
4 answers
6k views

Collections for Medical Bill - Pay Settlement or Full Amount?

I live in California, and I had an ER visit in November 2010. I originally owed ~$800. I've been contacted by a collection agency, and offered a settlement of ~$400 I have verified with the original ...
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4 votes
1 answer
863 views

Collections - charge off

I had a debt on my Bank of America credit card (which I used to pay part of my tuition during grad school). I was unable to pay it, it went into collection and I settled with them. Now I have a charge ...
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  • 499
5 votes
4 answers
3k views

"Pay to Delete" letter for removing an entry from my credit report. Legit?

I am negotiating with a collection agency over payment of around $2500. Talking on the phone with them, it seems that I can't get an unequivocal "yes" to delete their entry from my credit report on ...
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  • 3,767
3 votes
3 answers
240 views

Are there criminal implications to having a delinquent or collection account?

I had a collection account I was unaware of that I paid to avoid any issues (less than $500). Since it is reported on my credit score as "collection account or delinquency accounts" or something alike,...
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  • 299
5 votes
2 answers
194 views

Actions to take against paid collection

I received a note from a lender about a debit I had with GAP. It was completely unintentional and I didn't even know about it until then. The firm is in MS and I was living in CA at the time, while ...
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  • 299
10 votes
1 answer
792 views

If I co-sign on a loan for someone, am I putting up money (is there a cost)?

Does it cost me anything if I co-sign a loan for someone?
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  • 427
7 votes
4 answers
361 views

How do I get bill collectors who call about people I know to stop calling me?

In recent days, I've had bill collectors calling me about a former room mate of mine, and its getting rather annoying, (he never even lived at this location, or had my phone number). Is there any way ...
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  • 2,199