justsaynotodebt! Posted March 16, 2008 Report Share Posted March 16, 2008 Is it true that as long as you send something to a cc company they can't turn you into a CA? Link to comment Share on other sites More sharing options...
Happy Posted March 16, 2008 Report Share Posted March 16, 2008 No, as far as I know, that is not true. Link to comment Share on other sites More sharing options...
merkurfan Posted March 16, 2008 Report Share Posted March 16, 2008 No, they can still turn you over to the CA. However, if you work out a deal with the OC they likely won't. Also they can reject your payment and send it back to you un-cashed. Link to comment Share on other sites More sharing options...
astiman Posted March 16, 2008 Report Share Posted March 16, 2008 Also, if the OC has sold the account they may no longer be the creditor. Link to comment Share on other sites More sharing options...
whocares Posted March 22, 2008 Report Share Posted March 22, 2008 Just remember payment of any form renews the debt and starts the SOL clock again Link to comment Share on other sites More sharing options...
Ahntara Posted March 24, 2008 Report Share Posted March 24, 2008 Also remember that a partial payment, if accepted, still means that you are late {paying the entire amount due} and will get your CR marked as late. If you're making partial payments to preserve your credit, it will have the opposite effect. It also, as noted above, resets/extends SOL and will NOT prevent the OC from selling, transferring or assigning your account to collections. Link to comment Share on other sites More sharing options...
astiman Posted March 30, 2008 Report Share Posted March 30, 2008 "Just remember payment of any form renews the debt and starts the SOL clock again"That statement is not always true.....this varies from state to state Link to comment Share on other sites More sharing options...
Recommended Posts