Legal Question in Business Law in Arizona

Collection letter

I closed by business and one of the

vendors sent an account to a

collection agency. The letter says if I

don't pay with a check in 7 days

from the date of the letter, which 3

days past in the mail, they are going

to take drastic measures. How shoulr

I respond to this threat?


Asked on 9/09/07, 5:01 pm

1 Answer from Attorneys
Debra Palomino PALOMINO LAW FIRM, P.C.

Re: Collection letter

Advise the creditor that the business is closed. Review any contracts you may have signed or invoices for personal liability. If you guaranteed the debt, then the creditor would have the option to pursue you individually.

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Answered on 9/10/07, 1:45 pm


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