Legal Question in Credit and Debt Law in Ohio

Payments

Is it legal for a collection agency to send back payments if they feel they are not large enough? I have read the FDCPA and even looked at the FTC's website, and have not been able to find an answer. Also, I looked for case law, and found nothing on the topic.


Asked on 7/20/07, 11:20 am

1 Answer from Attorneys
Frank Rozanc Frank J. Rozanc, Esq.

Re: Payments

No creditor is required to accept payments that they deem to be inadequate.

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Answered on 7/23/07, 12:52 am


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