Legal Question in Credit and Debt Law in Florida
Partial Payments
i have a bill that was sent to a debt collector and i called to make payment arrangements to pay half one week then the other half the next week anh the collector told me that he only wanted the whole payment and he was not gonna except half and that i would need to contact a laywer because he was gonna sue me for the whole payment i wann payoff the debt but i cant pay it all at once so my questions is why wont he except my payment and can he turn it away..
1 Answer from Attorneys
Re: Partial Payments
A creditor is not obligated to accept partial payments on a past due debt. A collection agency may or may not have the authorization to accept partial payments depending on what their agreement is with the creditor. Generally though, a creditor and/or collection agency will not mind accepting partial payments. This collector however is giving you a hard time. I would suggest that you put your offer in writing and send the same along with with first partial payment to the collection agency. Send a copy of your letter along with a copy of your check to the Creditor. After this, I seriously doubt that you will be having a further problems.
Feel free to contact me if you should have any further questions.
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