Is it better for my credit score to pay off collection accounts in full, or set up payment installments and meet those payments?

Extending payments on old debt means that the reporting agency will report those debts for an even longer time.

If the collection agency has reported the debt twice in error, they should correct the situation. Be sure to advise them of their error. At the...

What options do you have to dispute a claim against you being pursued by a collection agency?

The easiest way to begin a dispute with a collection agency is to submit a request for verification of the debt. you can find sample debt...

How can i collect on a medical bill once a settlement is reached after a forbearance agreement?

I agree with Mr. Tardiff. If the attorney has funds and they are earmarked for you and you have a clear agreement outlining this, you should take...

The form EJ-001 is an abstract of judgment form. If this was filed with the county record, the other party has already received a judgment against...

Debt Collector still called after Debt Validation/Cease and Desist letter was sent?

First, you want to keep a log of any calls they make to you or anyone else looking for you or information about you. You should contact a local...

I am paying a court ordered debt, now i have gotten a letter from another law firm trying to collect the same debt what now?

You should submit a request for debt validation to the new firm along. At the same time, you can advise them that the debt is being handled by...

Can you make yourself insolvent for a 1099-C?

The tax codes and various forms of 1099s are challenging to understand, no doubt. In a situation like your, we need details on exactly what you...

If I pay the "full" amount on a monthly invoice (that's less than it should be), can the company make me pay the difference?

Mr. Trezza is correct. Your billing agreement or contract controls. If you know what the proper amount is, just pay it and move on.

I am faced with a $620 settlement or $1800 lawsuit from Alltell phone co. What should I do?

You mentioned that this was several years ago. Have you reaffirmed the debt? If not, it is possible that litigation may be time barred. In...